Presidents' Day Sales: What To Buy On Presidents' Day To Save The Most Money

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Playing What To Buy Over Presidents' Day Weekend | Personal Finance Expert Lauren Greutman
What To Buy Over Presidents' Day Weekend | Personal Finance Expert Lauren Greutman Aired January 17, 2020

Martin Luther King Jr. Day marks the first major sales weekend of the year, with Presidents' Day sales following not far behind. (Presidents' Day falls on Monday, February 17, this year, so look out for sales starting Saturday, February 15.) But did you know that there are certain items you should shop for on one holiday weekend over the other, depending on when the sales are better?

Here's what you should shop for during Presidents' Day sales to save the most money, according to personal finance expert Lauren Greutman.

PRESIDENTS' DAY SALES ON SMALL APPLIANCES

Discounts on small appliances will run rampant next month, because newer models come out in January and February, so retailers are trying to push out the last of the old models. Over Presidents' Day weekend, you might find kitchen gear marked down by as much as 70 percent, Lauren says.

RELATED: How Instagram's Resident "Queen of Frugal" Saves Money During The Holidays

PRESIDENTS' DAY SALES ON WINTER CLOTHING

If you can, wait until Presidents' Day to buy winter items — or just stock up for next year! With spring just weeks away, retailers are trying to push the last of their winter inventory out the door. You'll likely see some of the best deals on coats, outerwear and winter apparel, with sales up to 60% off, according to Lauren. However, if there's gear you need to last you through what's left of winter, you'll also see up to 40% off winter fashions and footwear this weekend during the Martin Luther King Jr. Day holiday sales.

PRESIDENTS' DAY SALES ON FURNITURE & MATTRESSES

We see a lot of discounts on big ticket items on Presidents' Day because retailers know that consumers are getting their tax refunds, and want to give them incentive to spend them. Presidents' Day is notorious for great mattress sales, with retailers dropping prices by as much as 60 percent. Furniture also sees deep discounts. Many stores throw in incentives like free box springs and free delivery to sweeten the deal. If you miss the boat on Presidents' Day, you can also get good deals on Memorial Day and Labor Day, Lauren adds.

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