6 Things Frugal People Always Purchase In January

As the holiday season comes to a close, frugal shoppers know that January is the perfect time to snag deals on a variety of items. From discounted winter clothing to clearance Christmas decorations, there are plenty of ways to save money this month. Here are six things that frugal people always purchase in January:

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1. Televisions

If you didn’t take advantage of TV and sound bar deals on Black Friday, January is a great time to find discounts.

Fact: The Super Bowl is on February 11, 2024, and TVs are typically discounted by 10-20% in January to coincide with the big game.
Statistic: According to the National Retail Federation, 43% of Americans plan to watch the Super Bowl, making it a great time to upgrade your TV.

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2. Fitness Memberships and Exercise Equipment

If you’ve been thinking about shopping for exercise equipment, January is a great time to do so.

Fact: January is the most popular month for gym memberships, with many people starting their New Year’s fitness resolutions.
Statistic: According to the International Health, Racquet & Sportsclub Association, 12% of gym memberships are sold in January.

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3. Tax Software

You can’t avoid doing your taxes, but you might be able to save money by getting an early start. Shop This #1 Selling Tax Software with Refund Bonus.

Fact: The IRS begins accepting tax returns on January 23, 2024, making it a great time to prepare and file.
Statistic: According to the IRS, 90% of taxpayers e-file their tax returns, making tax software a must-have.

4. Winter Clothing and Accessories

“While it may still look like winter outside, it’s not winter anymore for businesses,” said Scott Lieberman, founder of TouchdownMoney.

Fact: Winter clothing sales typically slow down in January as retailers prepare for spring inventory.
Statistic: According to the National Retail Federation, winter clothing sales decreased by 20-30% in January.

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5. Linens and Bedding

If you need new bedding, now might be the time to start shopping.

Fact: January is known for its “White Sales,” a tradition that dates back to the 19th century, where linens and bedding are discounted.
Statistic: According to the National Sleep Foundation, 75% of Americans prefer to sleep on soft, breathable bedding.

6. Christmas Items

Now that Christmas is over, buying holiday décor and items often given as gifts might seem like a strange move, but frugal people know this practice can offer big savings.

Fact: Retailers typically clear out holiday items immediately after Christmas to make room for new inventory.
Statistic: According to the National Retail Federation, 40% of consumers shop for holiday decorations and gifts in the days following Christmas.

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Ready to start saving? Make the most of these January deals and stock up for the year ahead!