Did you know that there is a particular time of the year or season which is ideal for the purchase of an item?
This is because the prices remain low during those periods when you compare the prices to other seasons or months in the year. Except for a few items which tend to be in demand throughout the year, most are seasonal or cyclical in nature and see a variation in their prices over the year.
Now that the holiday season is over and you have exhausted all your vouchers and promotional offers, does this mean the best time to make purchases is over? Certainly, it isn’t. For example, January is considered the best time to buy a lot of products since just after the holiday season, the demand for a lot of items decrease and lower demand brings down the prices.
If you plan your purchases perfectly, you can make substantial savings, especially on pricey investments, which in a way increases your discretionary spending capacity further. Let's take a look at the best time to buy...