National non-profit provides consumers with tips on how to get more for your money this President’s Day.
Boston, MA – February 12, 2016
Even though Valentine’s Day often steals the spotlight in February, President’s Day is the holiday that usually offers the month’s biggest bargains. Consumers on a budget will find plenty of sales throughout the entire month of February. To help with this process, American Consumer Credit Counseling offers tips on how to navigate the sales and save on President’s Day.
“With President’s Day emails and coupons pouring in, it is easy for consumers to quickly overspend,” said Steve Trumble, President and CEO of American Consumer Credit Counseling, which is located in Newton, MA. “Fortunately, there are many budget-friendly ways to shop and stock up on many items to use now or save for next season, which is why we have developed this set of tips.”
According to The Christian Science Monitor the majority of sales will start on President’s Day, but many will start several days before and last for as long as two weeks after. President’s Day savings on winter apparel is a big bargain, which can generate discounts of up to 85 percent. Over the past few years, winter apparel and electronics have dominated most President’s Day sales, each accounting for 32 percent of all sales. Additionally, home furniture deals make up about 17 percent of sales.
ACCC offers tips to a budget friendly President’s Day:
- Plan ahead – Try to avoid walking into stores without a plan. It will be hard to avoid the endless sales on items you may not need and could lead to overspending.
- Check for coupons – Many retailers send out additional coupons or have more savings if you ask the sales clerk. Search online for coupons as well.
- Bring friends – Turn President’s Day into a social event. Bring friends so that you can divide and conquer your lists.
- Skip shipping costs – Shipping costs can really drive up the price when shopping online. If you can, try to bundle items together at one online store to qualify for free shipping.
- Comparison shop – Try to stop at a few places before you buy so that you can really get the best deal out there. You can also call ahead to confirm pricing on a particular item, and ask if they will match a competitor’s price.
- Be savvy – Judge the value of the item on the final price, not on how much you think it’s been discounted.
ACCC is a 501(c)3 organization that provides free credit counseling, bankruptcy counseling, and housing counseling to consumers nationwide in need of financial literacy education and money management. For more information, contact ACCC:
- For credit counseling, call 800-769-3571
- For bankruptcy counseling, call 866-826-6924
- For housing counseling, call 866-826-7180
- Or visit us online at ConsumerCredit.com
About American Consumer Credit Counseling
American Consumer Credit Counseling (ACCC) is a nonprofit credit counseling 501(c)(3) organization dedicated to empowering consumers to achieve financial management and debt relief through education, credit counseling, and debt management solutions. In order to help consumers reach their goal of debt relief, ACCC provides a range of free consumer personal finance resources on a variety of topics including budgeting, credit and debt management, student loans, youth and money, homeownership, identity theft, senior living and retirement. Consumers can use ACCC’s worksheets, videos, calculators, and blog articles to make the best possible decisions regarding their financial future. ACCC holds an A+ rating with the Better Business Bureau and is a member of the National Foundation for Credit Counseling® (NFCC®). For more information or to access free financial education resources, log on to ConsumerCredit.com or visit TalkingCentsBlog.com.