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With all the excitement surrounding Black Friday, it’s easy to get caught up in the thrill and end up overspending or making purchases that leave you with buyer’s remorse. And, unfortunately, not every item is a good buy on the biggest shopping day of the year.
Experts say it’s better to wait to buy the following items, since prices may fall further or be cheaper at different times of the year.
1. Furniture and mattresses
Though you’ll see discounts on furniture and mattresses on Black Friday, the best prices on these items typically appear on other holiday weekends throughout the year, such as Labor Day and Memorial Day. If you’re looking for large home purchases this weekend, focus on big appliances like refrigerators or washers and dryers.
2. Bedding and linens
The best prices of the year on soft home goods, like sheets and towels, occur during the "white sales" that traditionally take place in January.
“Not only do retailers including Pottery Barn, Macy’s and JCPenney plan for big sales around that time, since it’s a known promotional event, but they will also be further discounting any holiday merchandise that’s in that category that didn’t sell,” says budget consultant Andrea Woroch.
3. Travel
You won’t have to wait long to get the best prices on flights and hotels. These historically appear on “Travel Tuesday,” which takes place Dec. 3 this year. Flights purchased on Travel Tuesday carry average discounts of 15 percent to 25 percent, according to Skyscanner, an airfare tracking website.
4. Most toys
In general, retailers increase the discounts on toys throughout December. So the longer you wait, the better price you’ll get on items like blocks, dolls and video games.
“If you’re not picky about toys and just want some generalized stocking stuffers and good evergreen gifts for birthday parties in the coming year, shop right before Christmas,” says Kristin McGrath, editor at The Krazy Coupon Lady. “Retailers will be eager to offload remaining toys and games and will start marking them down the week of Christmas. So, these items make great last-minute gifts and stocking stuffers.”
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