What to Buy and What to Skip in August

kids with books

Independence Day sales are long gone and Labor Day is a month away, but you can still pick up great bargains in August. Here’s what to buy and what to skip this month.

Buy: Back-to-school supplies

Back-to-school season is going strong. Cash in on great deals before the season draws to a close with the start of the school year. Look for weekly deals on all kinds of school and office supplies at big-box stores, pharmacies and online retailers. Think beyond school–you can stock up on a year’s worth of pens and paper for your home printer at a bargain price by shopping back-to-school sales in August.

If you need help checking everything off your back-to-school list, our Signature Loan can help make this school year a little easier on your wallet with an introductory rate lower than most credit cards.

Skip: iPhones

Apple hasn’t officially confirmed it yet, but there’s been talk that the iPhone 14 will drop in late 2022. If you’re looking to replace your phone with a newer model, you’re best off waiting a bit before you make your purchase. When the brand-new models hit the market, retailers and private sellers will be desperate to get rid of their older phones to make room for new inventory. You’ll see prices slashed on any phones that aren’t the newest model being sold directly from Apple, all the way down to private sellers.

Buy: Summer clothing

Expect to find prices on summer apparel dropping even lower as summer slowly fades into autumn. Pick up a new outfit to add to your wardrobe this season or stock up on timeless classics you can wear next summer.

Buy: AC units

In some parts of the country, temperatures hit their annual high in August. But even as temps peak, retailers know most shoppers already purchased their AC units for the season. If your AC needs replacing, take advantage of discounted prices to snag a great deal on a brand-new unit.

Skip: Major household appliances and other items

Need a new fridge or another major household appliance? Hold off a bit until Labor Day, when you can find prices on brand-name appliances slashed by as much as 30%. Also, if you’re shopping for a new mattress, you’re best off waiting until Labor Day sales for more savings. This year, Labor Day is on Sept. 5, but sales can start up to a full week before the actual date. Check the sites of your favorite retailers a few weeks before Labor Day so you have time to comparison-shop and get the best deals.

Buy: Wedding decor, gifts and wear

According to wedding magazine The Knot, the months of June, September and October are the most popular for weddings. With August right in the middle of these months, but not popular for actual weddings, it can be the perfect time to pick up discounted wedding decor, gifts and even wedding wear.

Skip: Amazon devices

Amazon just hosted its Prime Day sale, so don’t expect to find any great prices on Amazon devices this month. Wait for Black Friday to shop for a new Kindle, Echo device and more.

Buy: Storage supplies

It’s nearly time to head (back) to college, and retailers know this well. You can find deals on all kinds of storage supplies this month, such as shelving units, large containers, decorative bins and more. Shop stores like Office Depot, Target and Walmart, or check out online sources, like Overstock and Wayfair, for similar offers.

The summer is coming to an end, but that doesn’t mean you can’t find a hot deal in August. Use the tips outlined here to know what to buy and what to skip this month.