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Friday, 29 June 2018 00:00

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shop the sales and save

The month of June can be the best time of the year to strike a bargain for a range of household and personal items. Department stores, car yards and a huge range of retailers all offer significant savings for any seasonal merchandise at this time of year.

In terms of timing, often the very best savings are in the last week of June as retailers slash already reduced prices in a bid to clear all earmarked stock before the financial year ends.  Meaning this is THE weekend to replace your tattered jeans, upgrade your chipped dinner set and grab a discount pair of sandals for next summer.  

If you’re organised you can get all your Christmas presents sorted now too, saving you money but also the stress and unpleasantness of having to brave the manic shops in December.

End of financial year sales occur because retailers are trying to move as much old stock as they can, to minimise their losses and maximise their financial year takings. While all retail industries are in a position to conduct an end of year sale, you’ll find an extra good bargain at places which sell seasonal products (such as blankets, heaters and fashion goods). 

Now is a great time for businesses to clear space for their summer stock and a great time for you to save some dollars.
Generally, the products that sell well all year round won’t be discounted. When it comes to clothing and foot ware it will often be the ‘ends of runs’ and discontinued items that are on sale, which can some times result in slim pickings. There might only be the less popular sizes left but if that happens to be your size you’re in for a bargain.

End of financial year sales also occur in cyber space. Online shopping is definitely gaining momentum, and you have the added benefit of being able to compare prices without having to span an entire shopping centre. If you are investing in bigger ticket items such as electrical, white goods and computers it is worth doing your research and ensuring you are purchasing the best item for you. Looking at online performance rating websites can be great when trying to decide on a printer, camera or laptop.

Everyone loves to grab a bargain, but saving money on an item you don’t need doesn’t actually result in saving. Know your spending limits. Set yourself a ‘sale budget’ and don’t go over it, otherwise the sales are just as damaging as the non sales!  Write a list of items you need and try to stick to only purchasing items on your list.  Also check the items aren’t ‘seconds’ stock or damaged, (though if you don’t mind a missing button try to negotiate a bigger discount). If you are trying to toss up between two items, go for the one you can wear with more of your existing wardrobe.  Do your research and focus on quality over quantity.  If you don't actually need anything then avoid the shops all together and enjoy the great outdoors this weekend instead.  

Alison Gallagher is a freelance writer, resourcefulness expert and entrepreneur. She has been featured in various publications including Stellar Magazine, Australian Health and Fitness Magazine, and Cleo Magazine. Alison is particularly passionate about sharing practical tips on how to live simply, sustainably and seasonally.