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Fight inflation on Labor Day with discounts

You can maximize your savings this weekend by clubbing your purchases with credit card rewards, cashback and tax holidays. Want to fight rising prices? Check out more details below.
Fight inflation on Labor Day with discounts
Labor Day presents you with a great opportunity to make up for having to deal with inflated costs this year. Seasonal products offer the biggest discounts and savings.
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Labor Day sales have already started all over the United States and retailers and brands are offering some of the biggest discounts you’ll see on a range of products including clothing, furniture and appliances. If you’ve been putting off buying things you need because of the skyrocketing prices, perhaps this is a good time for you to save big and still get everything you need. 

The Labor Day spread

The Labor Day weekend is spread over three days and presents the perfect opportunity for shoppers to make the most of the great deals and discounts being offered and stock up for the rest of the year. Given that a good percentage of Americans have been finding it difficult to deal with the rising prices of fuel, commodities, and even daily essentials, the Labor Day discounts just may be a way out of the inflation that’s choking the country right now. Here’s our list of all the best Labor Day sales around you this year.

Even then, there are a few things shoppers need to look for before buying. For example, look at the original prices of products before you purchase them. In some cases, the starting prices may have been hiked and then the discount applied. In such situations, you won’t really save much money. Here are a few tips that can help you make the most of this season’s shopping sales. 

Seasonal products will give you the most savings 

This Labor Day weekend, focus on buying products that are related to the season. For example, furniture, grills, appliances, and summer clothing tend to have the biggest discounts during this period. 

The reason is simple – retailers and brands need to make space for the new designs and products coming in, so they will offer their existing inventory at reduced prices. For example, clothing brands normally offer discounts of up to 50% or even more to make way for incoming stock. Huge brands such as Target will offer heavy discounts of even 80% at times on outdoor furniture. If you’ve been wanting to get patio furniture and grills for your home, this is perhaps your best chance. 

School supplies are also being sold at heavy discounts. Back to school supplies process increased drastically over the summer, putting financial strain on many parents. These discounts ought to make up for the excess spending this year as retailers clear out existing products to stock up on new ones. It’s a great time to stock up on lunch boxes, backpacks, and other school supplies if you need them. 

See also about: Labor Day: A trip down memory lane for every American

Where the discounts are

Another product that sells a lot during Labor Day is mattresses. If you’re looking to get a new one, now would be a good time to get a great mattress and save big too. You can expect to get at least 40% off or even more on mattresses at brands like Macy’s. also look for freebies or bonus accessories like bedding and free pillows. 

Appliances such as dishwashers, refrigerators, washers, dryers, and others are all expected to be on sale during this period. This year, Home Depot is offering discounts of more than 60% on appliances from major brands. Best Buy is also offering attractive deals on appliances. 

You can Also See: Labor Day 2022 – When is it and why we celebrate it

What you should not buy this Labor Day weekend 

Here are a few things you should not buy this Labor Day:

  • Fall and winter clothing: There may be minimal discounts on fall and winter clothing right now, but don’t buy them just yet. You won’t need these items at present anyway. There will be much more significant discounts coming your way a few months from now. 
  • New smartphones: Don’t buy a new smartphone just yet. The deals offered around Black Friday are the best you’ll ever get. You can save a whole lot more money if you wait for a few months. Besides, Google and Apple are expected to release their new phones before November. So you can expect the older models to go on sale soon. 
  • Televisions: Televisions are normally offered at heavy discounts during Labor Day, but holding off may reward you even more. If you find a deal too good to pass up on, take it. But keep in mind that there are mind-blowing deals coming your way in a few months as well. 

How to make the most of your Labor Day discounts 

Apart from the discounts and other deals, here are other factors that can help you maximize your savings: 

  • Credit card rewards: If your credit card gives you additional rewards such as reward points or miles on specific purchases or all spending, pay using your card to make the most of this opportunity. 
  • Bonus cashback: Credit cards as well as certain websites give you cashback when you shop at certain stores.  
  • Tax holidays: A few states offer sales tax holidays at the same time as the Labor Day weekend.  

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Author

Johnathan James

Johnathan James

With over 11 years of experience, Johnathan started his writing career as a copywriter. Coming from a finance and management background, he excels in covering financial topics. When he's not spurning out fintech content, you will find him playing football, basketball and racing.

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This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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