I like to think of myself as somewhat of a money-saving ninja. Since it pains me to pay full-price for anything, I have become very strategic about when I buy things, scoping out deals and waiting until the end of season clearance sales.
February is full of discounts with retailers looking to get rid of last year’s inventory to make room for the spring season. There are also a couple of holidays (Valentine’s Day and President’s Day), that offer opportunities for savings!
There is a method to my madness, and if you are curious about what kinds of deals you should be scoping out in the month of February, read on for some ideas!
Click HERE if you missed What to Buy in January!
1. Winter Apparel
February is still a great month to snag deals on winter clothes and accessories (many sales probably started back in January), as retailers start to clear out their winter stock to make room for spring styles. That means you can get a lot of great deals on winter gear like jackets, hats, sweaters, boots, etc. Clearance deals might get even better in March, but selection will be limited by then, so you may not want to wait, to ensure you can still find your size at a nice price.
When shopping these end of season sales on winter apparel, remember that quantities are likely to be limited, and when items are gone, they’re most likely gone for good. Some clearance items may also be final sale, so pay attention to the return policy if you are unsure about style or fit.
Keep in mind, that while retailers are offering nice discounts on regular winter apparel during the month of February, don’t expect deals on things like skiing and snowboarding equipment. February is still peak season for these winter sports, so retailers typically don’t start really slashing their prices on winter sports gear until the season winds down in March or April.
2. TV’s and some electronics
Everybody knows that Black Friday is the time to snag a sweet deal on a TV, but February actually offers some great TV deals as well! In fact, Black Friday sales typically feature the cheap, doorbuster TV models, but if you wait until January and early February, you can usually find deals on the higher quality sets. Sales actually start up in mid to late January, as retailers prepare for the Super Bowl! The major retailers like Amazon, Best Buy, Target and Wal-Mart offer a wide variety of TV brands and sizes.
If you missed that chance to snag a great deal on a TV before the Super Bowl, don’t worry. February is the month that many manufacturers release the latest tech products featured during the Consumer Electronics Show (held in January), so retailers will be lowering their prices on last year’s models to make way for the new. You can expect great deals on TVs, smartphones, tablets and other electronics!
The most competitive discounts on electronics are at mass retailers like Walmart and Target (and Wal-Mart and Target are likely to match each other’s discounts). Best Buy is also worth a look, as well as warehouse clubs like Costco and Sam’s Club.
3. Tax Software
Early Bird tax filers are itching to get their taxes filed in February. And tax software companies like to entice consumers to file with them before competitors have a chance to snag their business. This translates into excellent deals on tax-prep software from companies like H&R Block and TurboTax.
Practically every big retailer that dabbles in electronics will be offering discounts on tax software. Amazon is typically known for offering the lowest prices on most programs, but oftentimes other retailers like Target and Costco are willing to match its pricing
As the tax filing deadline gets closer (April 15th), you are likely to see increased pricing on tax-filing software, so don’t wait too long!
4. Valentines Clearance
There is no better time to score good deals on things like chocolate and Valentine’s themed items, than right AFTER Valentine’s day. As soon as February 15th rolls around, prices can be slashed as much as 50% on things like Valentine’s-themed chocolate, candy, decorations, and gifts. The discounts are likely to increase as the month goes on, most likely going as low as 70-90% off!
Look for deals at big-box stores such as Target or Wal-Mart, as well as department stores like Kohl’s and Macy’s, and even drug-stores like Walgreens and CVS should have some great seasonal deals on Valentine’s merchandise! In years past, Walmart has discounted candy 50% immediately after the holiday, while Target has started at 30% off then gradually increased the discount as time went on. Non-food items will typically be marked 50% off immediately after the holiday.
After Valentine’s day is also a great time to look for discounts on things like jewelry, perfume, and cosmetics. Traditional jewelry stores will likely have sales, as well as department stores like Macy’s and Kohl’s. Many high-end cosmetics and fragrance companies (like Sephora and Ulta) put together pink and red-ribboned packages for Valentine’s Day gifts. All of these things are likely to be discounted after Valentine’s day, meaning you can get the same brand-name cosmetics at half the price – it just might have hearts all over it!
5. Mattresses and Bedding
There’s another holiday besides Valentine’s Day in February – Presidents Day. And what would a federal holiday be without sales at your favorite retailers? This year it falls on Feb. 17, but you are likely to see some sales begin even before Valentine’s Day (however, most sales will still fall over the long holiday weekend). The categories where you can expect to see the biggest discounts are home goods, such as bedding, furniture, mattresses and small kitchen appliances.
Mattresses – February is a great month to go mattress shopping because many retailers like to hold mattress sales on holiday weekends. This is simply because they know many people will have an extra day off of work, and are more likely to have time to make a decision on a higher priced item like a mattress.
You are likely to find the biggest discounts at specialty stores like Mattress Firm, but department stores that sell mattresses like Macy’s are also a good place to look. You also can check out online bed-in-a-box retailers like Casper and Tuft & Needle. While the discounts at these places won’t seem as impressive as they are at the brick-and-mortar stores, keep in mind that the prices of these mattresses aren’t marked up as much to begin with.
Bedding – While January’s “white sales” are typically the best time to buy bedding, towels, and other linens, President’s Day sales offer another opportunity to snag some deals. You can look for deals at basically any store that sells sheets, but the best discounts usually come from department stores like Macy’s, JCPenney, and Kohl’s. You can also find good deals from online discounters like Overstock and Wayfair.
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So there you have it, my list of the top deals to look out for in the month of February!
If you are interested in what deals you can score March, April or even September, I’ve got you covered all year! Be sure to check in at the beginning of each month, because I’ll be sharing a post like this one sharing my secrets letting you know what deals to look out for that month!
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