Labor Day will be celebrated on Monday, September 3rd this year, marking the official end of summer. Many of us are trying to figure out how we can make a final getaway before we return to the serious life. With all the reports of high fuel prices, probably a road trip is not going to be on the agenda.
But what about all those Labor Day Weekend sales? Is it worth it to squeeze in some serious shopping time between the outings and barbecues? Or is it better to wait for Black Friday, Cyber Monday and other sales?
Labor Day Weekend Sales
Every holiday seems to be made for retailers and Labor Day is no exception. Malls, shopping centers and online retailers are all hoping to rope you in with “amazing deals.”
Can You Afford It?
The first thing to keep in mind before heading out for the Labor Day Weekend sales is your budget. Can you afford to buy anything right now? Most of us come to the end of summer pretty spent out, what with summer activities and vacations and back-to-school shopping.
And don’t forget, we will be holiday shopping sooner than you can imagine. The first step then is to
(1) check your budget to see how you’re doing with your annual financial spending goals that you set in January and
(2) assess the value factor: is the item on sale such a good deal that passing it up would be foolish.
If you are ready to show off your grilling skills but lack a barbecue grill, Labor Day weekend is a perfect time to purchase one. Those Labor Day promos for great deals on grills are absolutely legit. Depending upon the retailer, you can snag as much as 75% off. The best place to find awesome deals is at Home Depot, Sears, or Lowes.
If you checked your budget and you don’t have the money right now, no need to cry. The Black Friday sales on grills are pretty good too. It just means you’ll have to invite yourself over to friends for some barbecue!
Labor Day weekend can be a great time to find a new car. The 2019 inventory will be in soon, and dealers are anxious to make room on their lots. Shop around for the best deals, especially 0% financing, discounts, and rebates.
Remember, though, the better your credit score the better deal you are going to get from car dealers. If your credit score is not so great, you would be better to skip the Labor Day car sales and focus on improving your credit score.
While you will see tons of ads for great Labor Day sales on appliances, Black Friday has the best discounts on these items. If you are not in a hurry, it would be better to wait. You will save more money
Like the cars, retailers are anxious to move out the summer clothing and shoes to make room for winter stock. Your best deals are going to be at Target, Banana Republic, Victoria’s Secret, Walmart, and Old Navy. Local clothing retailers will be offering competitive discounts too, so be sure to shop around.
While you’re shopping for summer clothes, you will see sale promos for fall clothing too. But, it’s actually not much of a sale. You will save a lot more money on Black Friday. Better yet, if you don’t really need it, you will reap the best savings during December and January.
If that mattress is keeping you from getting the sleep you need, Labor Day weekend is a good time to buy a new one. Between discounts and coupons, you can save as much as 60%. Best deals are online, such as Overstock.com, 1800Mattress and US-Mattress.com, but Macy’s and Sears are also advertising good sales.
Televisions and Video Game Devices
The Labor Day sale promos on these products may look tempting, but the deals are going to be much better on Black Friday and Cyber Monday. The same is true for video games. While you’re in the stores, you should pass up the toy sales too. The discounts will be much deeper during December.
True, Halloween is next on the calendar, but the best time to buy decorations and costumes is the day after Halloween. You can save as much as 90%.