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Hot Summertime Deals

Everyone is interesting saving money, and in the shopping market timing is everything.   For many years, I have shared with clients that the best deals generally come in the off season if you know where to find them.  Here are five things you could look for in the month of July.

1) Summer Clothing-  As the dog days of summer are upon us and the return to school begins, many department stores will put their summer clothes, bathing suites, and shoes on sale.    Check out stores toward the end of this month and you will be sure to find a bargain or two from the large chain stores to your local boutique.

2) Grill and Outdoor Patio Furniture-   Especially in the areas where you have all four seasons, toward the end of July you will see fantastic deals on outdoor chairs, patio furniture, grills, and grill accessories.    Much of the higher end pricing leads up to the 4th of July, and even though you may only get a few months out of the purchase this year you can save hundreds of dollars by making those purchases now.

3) Gym Memberships –  With most New Year’s Resolutions gone out the window and many people spending their time outdoor, the summer is a great time to find a gym membership bargain.  The fact that gyms (and country clubs) are hurting in this economy will give you bargaining power to get a good deal.

4) Paint-  Not many people like painting in the 100 degree weather making it a great time to look at buying both Interior and Exterior paint.   Even though you may not paint the house or that guest room now, consider stocking up on paint during the summer.

5) Sports Equipment-   Looking for that new tennis racket, baseball glove, or croquet set.    At the end of this month check out the sales at major or local sporting good stores.  Just like clothing retail, new items come on the market each and every year and these stores want to sell their inventory.

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Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

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oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

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About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

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