Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

Best Time To Buy Things


Listen Later

Just like produce, a lot of what you buy has a season.  If you know what’s “in season” you can save a lot of money.  We’ll find out when to buy what.

Kitchen Appliances:  According to Money Crashers, September and October because that’s when new models come out.  Last year’s version will be reduced.  This point will be a recurring theme in the episode.  And it’s not like from year to year there are great innovations in refrigerators.  Getting last year’s model doesn’t mean you won’t have the new fridge that makes you toast or anything.  You aren’t missing much but overpaying.

Automobiles:  From Auto Trader, the end of each year  and the end of every day.  Sales people are hustling to get that last sale in before the numbers come out so they’re more flexible.  Also late summer/early fall when the new models come out.

Computers:  PC World suggests buying around the holidays and back to school time.

Gaming Systems:  Since everyone wants these as holiday presents, lifehacker suggests January.  Your disappointed kid will hate you but you have more to add to his college fund!

Airline Tickets:  There are a lot of theories about this, buy on Tuesdays, buy last minute, but CheapAir ran the numbers and found that buying fifty four days before the trip is optimal.  They monitored four million trips to cull this data!

Concert or Event Tickets:  Thanks to lifehacker again, see movies during the day, for things like concerts or sporting events, the closer to the date the better to go on Craigslist to find people who really need to unload them.

Televisions:  From Popular Mechanics, the usual suspects, holidays, January, but interestingly, March.  Know why?  Andrew and Matt hate sports but I’m a fan so  March Madness Baby!   July also because sales are typically slow.

Furniture:  According to Go Simple Finance,  January and July.  New furniture is released in February and August.  No one knew that but LMM found out for you!

Engagement Ring:  US News tells us when not to buy, between Thanksgiving and Valentine’s Day.  Unlike most of our other examples, rings are not cheaper when everyone is buying them.

Gas:  According to Time Magazine, Wednesday morning.  Station owners price check each other between 8-10 am.  If competitors are increasing prices, owners will raise their own between 10-12.  Weird, but that’s Time’s take on it.

House:  From Realtor.com, for more choices, April-July because that’s when a lot of homes are being listed.  If you want the lowest price, between Thanksgiving and the New Year.  No one wants to move in the winter so that makes sense.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.By ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

2,234 ratings


More shows like Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

39,035 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,555 Listeners

Motley Fool Money by The Motley Fool

Motley Fool Money

3,223 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,232 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

807 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,313 Listeners

ChooseFI by ChooseFI

ChooseFI

5,149 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

670 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,084 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

327 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

809 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,411 Listeners

Barron's Live by Barron's Live

Barron's Live

208 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

439 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

203 Listeners