8 Things to Buy After Thanksgiving

buy-after-thanksgiving

When it comes to shopping, the days and weeks after Thanksgiving are unparalleled.

You have the twin massive discount days of Black Friday and Cyber Monday. You have the seasonal Fall items going on massive sale to make way for the holidays. And you have discounts on things people might buy that aren’t necessarily linked to the holidays, like appliances and other capital equipment, because stores need to make room for next year’s models. Finally, the winter is the “off season” for so many things and buying in the off season can help you save a lot of money.

Here’s a list of things you should buy after Thanksgiving.

1. Electronics

The key to winning Black Friday (and Cyber Monday) is watching the circulars as they are leaked and doing some serious comparison-shopping. High-ticket electronics from brands you recognize like tablets, computers, and video game consoles from Sony, Microsoft, Apple, and more, will all tout mega-deals, the weekend after Thanksgiving. But remember, it’s best not to get carried away gorging on the great deals that pan out because it might leave you needing money closer to the holidays!

2. Leftover Thanksgiving Decorations

Thanksgiving will happen in just 52 short weeks but all those Thanksgiving-themed decorations, and many of the Autumn-themed decorations, will be deeply discounted as stores look to get rid of stock. If you’ve wanted an orange and red wreath or an Autumn-inspired centerpiece, now is the time to start snagging them because in a few short days they’ll be gone.

3. Live Christmas Trees

One sneaky good thing to buy right after Thanksgiving is live Christmas trees. Many live tree sellers will discount them initially to start moving some of their stock and then start selling them at regular price as Christmas draws near. They won’t start discounting them again until it’s time for the procrastinators to buy.

4. Big Ticket Appliances

Stores will discount large appliances as we near the end of the year to clear inventory for newer models. You can expect to see sales on refrigerators, washers, dryers and other large appliances around this time. If you are getting rid of an old appliance, you may find your local utility will haul it away for you or even pay you for them.

5. Cars

Late November is a fortuitous time for a car buyer. As the end of the year draws closer, sales people are thinking about hitting their annual quotas and willing to make deals to move cars. The next model year will have been released near the end of the summer, so previous model years that are still around in November have been sitting for a long time. The confluence of those factors makes late November and December a prime time to strike a deal.

(If you are thinking about buying a car, it’s important to check your credit since a good score will help you qualify for a better interest rate. You can view two of your credit scores, updated every 14 days, for free on Credit.com.)

6. Recreational Vehicles

The same logic for cars also works with recreational vehicles (RVs) but even more so. The winter months are also the slowest in the RV business. People hunker down for the winter and aren’t thinking about making cross-country trips — dealers will still want to sell vehicles.

7. Cookware

Cookware will be discounted because a lot of people will be cooking and entertaining, which means a lot of people will discover their cookware needs an upgrade. Retailers know this so, to win over their share of the market, they will entice shoppers with great deals around this time.

8. Tools

Tools make great gifts and retailers will often offer some fantastic deals on cheap tools. It’s a great time to pick up a tool you’ve always needed for that last project on the list but never had the heart to pay full price for.

You can save a bundle after Thanksgiving if you’re judicious in what you buy. Always comparison-shop and make sure that deal you see before you actually is a deal.

Finally, remember that there are some things that will be deeply discounted after the holidays – things that are classic gifts but rarely get used. Gift cards, exercise equipment, and many other items will be on clearance after the New Year!

Image: Eva-Katalin

The post 8 Things to Buy After Thanksgiving appeared first on Credit.com.

8 Things to Buy After Thanksgiving

buy-after-thanksgiving

When it comes to shopping, the days and weeks after Thanksgiving are unparalleled.

You have the twin massive discount days of Black Friday and Cyber Monday. You have the seasonal Fall items going on massive sale to make way for the holidays. And you have discounts on things people might buy that aren’t necessarily linked to the holidays, like appliances and other capital equipment, because stores need to make room for next year’s models. Finally, the winter is the “off season” for so many things and buying in the off season can help you save a lot of money.

Here’s a list of things you should buy after Thanksgiving.

1. Electronics

The key to winning Black Friday (and Cyber Monday) is watching the circulars as they are leaked and doing some serious comparison-shopping. High-ticket electronics from brands you recognize like tablets, computers, and video game consoles from Sony, Microsoft, Apple, and more, will all tout mega-deals, the weekend after Thanksgiving. But remember, it’s best not to get carried away gorging on the great deals that pan out because it might leave you needing money closer to the holidays!

2. Leftover Thanksgiving Decorations

Thanksgiving will happen in just 52 short weeks but all those Thanksgiving-themed decorations, and many of the Autumn-themed decorations, will be deeply discounted as stores look to get rid of stock. If you’ve wanted an orange and red wreath or an Autumn-inspired centerpiece, now is the time to start snagging them because in a few short days they’ll be gone.

3. Live Christmas Trees

One sneaky good thing to buy right after Thanksgiving is live Christmas trees. Many live tree sellers will discount them initially to start moving some of their stock and then start selling them at regular price as Christmas draws near. They won’t start discounting them again until it’s time for the procrastinators to buy.

4. Big Ticket Appliances

Stores will discount large appliances as we near the end of the year to clear inventory for newer models. You can expect to see sales on refrigerators, washers, dryers and other large appliances around this time. If you are getting rid of an old appliance, you may find your local utility will haul it away for you or even pay you for them.

5. Cars

Late November is a fortuitous time for a car buyer. As the end of the year draws closer, sales people are thinking about hitting their annual quotas and willing to make deals to move cars. The next model year will have been released near the end of the summer, so previous model years that are still around in November have been sitting for a long time. The confluence of those factors makes late November and December a prime time to strike a deal.

(If you are thinking about buying a car, it’s important to check your credit since a good score will help you qualify for a better interest rate. You can view two of your credit scores, updated every 14 days, for free on Credit.com.)

6. Recreational Vehicles

The same logic for cars also works with recreational vehicles (RVs) but even more so. The winter months are also the slowest in the RV business. People hunker down for the winter and aren’t thinking about making cross-country trips — dealers will still want to sell vehicles.

7. Cookware

Cookware will be discounted because a lot of people will be cooking and entertaining, which means a lot of people will discover their cookware needs an upgrade. Retailers know this so, to win over their share of the market, they will entice shoppers with great deals around this time.

8. Tools

Tools make great gifts and retailers will often offer some fantastic deals on cheap tools. It’s a great time to pick up a tool you’ve always needed for that last project on the list but never had the heart to pay full price for.

You can save a bundle after Thanksgiving if you’re judicious in what you buy. Always comparison-shop and make sure that deal you see before you actually is a deal.

Finally, remember that there are some things that will be deeply discounted after the holidays – things that are classic gifts but rarely get used. Gift cards, exercise equipment, and many other items will be on clearance after the New Year!

Image: Eva-Katalin

The post 8 Things to Buy After Thanksgiving appeared first on Credit.com.

How to Avoid Cyber Monday Traps

cybermonday_traps

This Black Friday, millions of shoppers will once again make the final seconds of a close football game look like a store window filled with clumsy puppies. And when they don’t find what they’re looking for, they’ll go online where, in addition to great deals, a cornucopia of scams await.

The migration from brick-and-mortar retailers to online shopping is pronounced. Last year set a record, with more than $3 billion in online sales. But that doesn’t mean people aren’t still hitting the stores — Black Friday wasn’t far behind in 2015 sales, at $2.74 billion.

As consumers increasingly finish their holiday shopping online — or even do the entirety of it there — the snares and pitfalls of Internet fraud have proliferated. But fraud isn’t the only worry.

The Mouse Buster

Whether you’re faced with a “Mouse Buster” or a good old-fashioned door buster, a compelling promotion involving “limited availability” of a hot item is not a scam — or at least it doesn’t have to be. That said, you have to stay aware so you know what it is you’re dealing with on Cyber Monday — and remember, scammers are counting on the fact that you will be too stressed to think straight.

All’s fair in the battle for the perfect gift during the holiday season. Retailers aren’t responsible for the decisions you make. Unless you come prepared knowing precisely what you want, how much you should reasonably pay and have an absolute budget, you may well find it nigh impossible to resist the wiles of the marketing geniuses who make their living selling you the non-essentials of life.

There will be deals online and the promise of impossible-to-find items that disappear like a mirage — arrival to the online oasis suggested by your favorite search engine to find “the toy that can be found nowhere” immediately turning into the hard sell of desperation marketing of alternative items.

Whether you’re facing a door buster deal on a popular item or a mouse buster, the same principles apply. Know what you want and how much you should have to pay, and stick to those parameters.

Most importantly, keep your head on straight. Retailer shopping lures are tempting, but they are nothing compared to the trouble a clever phishing lure can cost. Remember: If it seems too good to be true, double check that the deal you’re being offered is real.

Phishing

At this point in the evolution of the phishing scam, it seems like we should be able to skip the particulars of scams, but the open and click-through rates on phishing emails and texts are still robust.

Part of the reason that’s true is because scammers are sophisticated, creative and persistent. Websites are replicated down to the last detail, and URLs are acquired that can pass muster as authentic — with things like a “1” replacing a lowercase L or adding an extra letter — even if you are looking at the URL to make sure you’re not being scammed. This applies whether you received an offer via text or email.

The rule of thumb here: If you get an offer via text or email, go online and visit the retailer by carefully and correctly typing in its address instead of clicking the link. If the text or email says that the only way to get the offer is through the link offered, chances are good that it’s a scam, because no retailer would chance losing a click-through because of a consumer’s fear of getting hacked. (And, if you think you have been hacked, monitor your credit for signs of identity theft. You can view your free credit report snapshot, updated every 14 days, on Credit.com.)

You Aren’t There

While millions of people take care of all their holiday shopping on Cyber Monday, the day is “traditionally” known as best for certain kinds of gifts: Electronics, beauty items, fashion accessories and travel. Bear in mind, some purchases are often better to make in person where you can check out an item and see if it does what you want it to or is the right size. You may also want to check out whether or not there are better deals on comparable products.

There are purchases that make sense online — a travel package is one that comes to mind, as you are de facto never there until you visit. But when it comes to a new TV or other item that is better seen, handled or experienced first-hand, it’s a good idea to go to a store that carries it to make sure it’s what you are looking for, even if you intend to make your purchase online.

At the end of the day, the key to successful Cyber Monday shopping is to stay on your A-game. Pay attention, do your homework, don’t get caught up in acquisition ecstasy and stick to your plan. And if your first plan for a purchase doesn’t work out, it’s a good idea to have a Plan B that wasn’t figured out by the retailer’s door buster strategy meetings.

Image: svetikd

The post How to Avoid Cyber Monday Traps appeared first on Credit.com.

Black Friday 2016: Store Hours

black-friday-store-hours

Some shoppers wait all year for Black Friday, the day after Thanksgiving, when stores offer some of their best deals of the season. Some stores offer deals on Thanksgiving, while others remain closed on Thursday but open in the wee hours in the morning on Friday to let the shoppers begin their deal hunting. Sometimes, stores have a limited quantity of some items, and enthusiasts camp out the entire night in front of the store to secure their sale items (it actually becomes a social occasion). So if you’re not planning on being a happy camper, it’s best to plan heading to the stores with your favorite deals earliest in your day.

The holiday season can account for 30% of a retailer’s annual sales, according to the National Retail Federation, and so, it’s in a store’s best interest to lure as many holiday shoppers through the doors as it can. According to a report from deals site RetailMeNot, most shoppers, or 60%, say they’ll be shopping according to sales and promotions, with 46% saying they’re willing to spend a full day online to scour the internet in search for the best deals. The report is based on RetailMeNot internal data, as well as Google Consumer Surveys and a RetailMeNot survey conducted by Kelton Research. With Kelton survey data, there is a margin of error of plus or minus 3.1 percentage points and Google Consumer Survey results have a margin of error of plus or minus 3.5 percentage points, according to a company spokeswoman Michelle Skupin.

Those stores with the best deals will usually have a crush of people waiting for the doors to open — 23% of shoppers plan to line up outside stores before they open — so it’s prudent to know the store hours ahead of time and plan your Black Friday shopping spree by which deals you think will be snatched up first. We’ll update this list often as more stores announce their Thanksgiving and Black Friday hours, so check back soon if you don’t see your favorite retailer on the list.

Shopping, spending and competing with the crowds for great Black Friday deals can give you an adrenaline high. Just remember to make a budget ahead of time and stick to it in order to stay out of debt. Too much debt on your credit card can affect your credit score, which, in turn, can hurt your chances of getting low interest loans in the future. You can see how your credit card use affects your credit scores by reviewing them for free, updated every 14 days, on Credit.com.

BJ’s Wholesale Club

Thanksgiving: Closed
Black Friday: Open from 7 a.m. to 10 p.m.

H.H. Gregg Appliances

Thanksgiving: Closed
Black Friday: Open from 7 a.m. to 10 p.m.

Home Depot

Thanksgiving: Closed
Black Friday: Opens at 6 a.m.

Lowes

Thanksgiving: Closed
Black Friday: Opens at 6 a.m.

Staples

Thanksgiving: Closed
Black Friday: Most locations will open at 6 a.m.

Image: monkeybusinessimages

The post Black Friday 2016: Store Hours appeared first on Credit.com.

Black Friday 2016: Store Hours

black-friday-store-hours

Some shoppers wait all year for Black Friday, the day after Thanksgiving, when stores offer some of their best deals of the season. Some stores offer deals on Thanksgiving, while others remain closed on Thursday but open in the wee hours in the morning on Friday to let the shoppers begin their deal hunting. Sometimes, stores have a limited quantity of some items, and enthusiasts camp out the entire night in front of the store to secure their sale items (it actually becomes a social occasion). So if you’re not planning on being a happy camper, it’s best to plan heading to the stores with your favorite deals earliest in your day.

The holiday season can account for 30% of a retailer’s annual sales, according to the National Retail Federation, and so, it’s in a store’s best interest to lure as many holiday shoppers through the doors as it can. According to a report from deals site RetailMeNot, most shoppers, or 60%, say they’ll be shopping according to sales and promotions, with 46% saying they’re willing to spend a full day online to scour the internet in search for the best deals. The report is based on RetailMeNot internal data, as well as Google Consumer Surveys and a RetailMeNot survey conducted by Kelton Research. With Kelton survey data, there is a margin of error of plus or minus 3.1 percentage points and Google Consumer Survey results have a margin of error of plus or minus 3.5 percentage points, according to a company spokeswoman Michelle Skupin.

Those stores with the best deals will usually have a crush of people waiting for the doors to open — 23% of shoppers plan to line up outside stores before they open — so it’s prudent to know the store hours ahead of time and plan your Black Friday shopping spree by which deals you think will be snatched up first. We’ll update this list often as more stores announce their Thanksgiving and Black Friday hours, so check back soon if you don’t see your favorite retailer on the list.

Shopping, spending and competing with the crowds for great Black Friday deals can give you an adrenaline high. Just remember to make a budget ahead of time and stick to it in order to stay out of debt. Too much debt on your credit card can affect your credit score, which, in turn, can hurt your chances of getting low interest loans in the future. You can see how your credit card use affects your credit scores by reviewing them for free, updated every 14 days, on Credit.com.

BJ’s Wholesale Club

Thanksgiving: Closed
Black Friday: Open from 7 a.m. to 10 p.m.

H.H. Gregg Appliances

Thanksgiving: Closed
Black Friday: Open from 7 a.m. to 10 p.m.

Home Depot

Thanksgiving: Closed
Black Friday: Opens at 6 a.m.

Lowes

Thanksgiving: Closed
Black Friday: Opens at 6 a.m.

Staples

Thanksgiving: Closed
Black Friday: Most locations will open at 6 a.m.

Image: monkeybusinessimages

The post Black Friday 2016: Store Hours appeared first on Credit.com.