Why Seasonal Spending Saves You Money

Why Seasonal Spending Saves You Money

Instead of waiting until the last minute to make a purchase, seasonal spending can be a real money saver. Sales come in cycles. You cannot sell ice creams on winter. Likewise, you cannot sell winter clothes on summer. Depending on the time of year and if you are a savvy shopper, you can take advantage of these deals.

In-Season Spending

Food is one of the best examples of in-season savings. When fruits and vegetables are in season, they tend to cost less. The Law of Supply and Demand tells us that when supplies are abundant, prices tend to be lower. The supply is plentiful so take advantage of the savings. During this time, consider buying fruits and vegetables to freeze for use in the future. Canning is a popular way to have certain fruits and vegetables to eat year round. At the very beginning of the season and at the very end, the price goes up considerably.

If you want to make home improvements, there are certain seasons that tend to be better suited for these projects. Home maintenance also follows a seasonal schedule. Exterior projects cost less when the weather is pleasant. Contractors tend to get more business when they’re not competing with rain, or snow for some countries which has a winter season. If you want the outside of your home painted in the middle of rainy season, you will pay more than you would in the summer.

Out of Season Spending

Clothing is a great example of saving money with out of season spending. Clothing trends and styles tend to stick with the seasons. You won’t find lots of sweaters in the middle of summer. However, if you time it just right, you can get real savings on seasonal clothing.

For countries experiencing winter season, at the end of winter, stores are looking to clear out their inventory and make room for the spring and summer clothing lines. They have to get rid of the winter merchandise and most of the time, the items end up on the clearance racks. The prices will continue to decrease as time passes. This is the best time to shop for winter clothes! It is possible to get an entire winter wardrobe for a great price at the beginning of spring. The same can be said of warm weather clothing.

In the same way, if you want to buy Christmas decorations in November or December, chances are you will pay full price. With a little planning, you can make a list of the things that you want. Immediately following the holidays, seasonal merchandise begins to go on sale. In most cases, the savings begin at 50% off and continue to increase. Just like clothing, stores need to make room for newer merchandise.

Part of being a savvy shopper is keeping an eye out for a deal. As the seasons progress, take a look at the price cycles and take advantage when items are at their lowest. Thinking about what you need in the future and purchasing things accordingly can result in big savings. Know the sales cycles of some merchandise and you’ll definitely get big savings when you time your shopping.

If you need to set up a funding source for your shopping excursions, sites like moneysupermarket.com are there to help.

Tyrone is a passionate financial literacy advocate. He started this blog on November 2008 when he watched The Secret which talked about Law of Attraction because he wanted to become a millionaire and wanted to know how a millionaire acts. At the age of 26, he achieved his first million. To find out more about him, click here or follow him at Instagram

4 responses on “Why Seasonal Spending Saves You Money

  1. I’m frugal, and I also love to shop.
    Contrasting as it may seem, I’m able to do so because I “time” my purchases.
    I’m always on the lookout for mall sales and I buy stuff I need even before the time I’ll be using them comes.
    I buy summer clothes during rainy seasons and I buy jackets during summer.
    Bags and shoes I buy after the back-to-school rush where prices are rarely marked down.
    I avoid shopping by December since discounts are rarely given. Sometimes, a few days before the year ends, malls have a clearance sale. That’s the time when I go shopping.
    I also buy in bulk or bigger packaging since the unit price is generally lower. Avoid buying “tingi” because aside from the fact that they cost more, they also make use of more packaging material (e.g. sachets) that only add up to our wastelands.

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