We're now in the final week to finish our holiday shopping.
Many of us are now trying to find the lowest price on a gadget or gift for someone special.
But if you can wait till after the holidays, you can score a much better deal.
Cheaper After Christmas
Every store is advertising big sales during the countdown to Christmas.
But Kiplinger's Personal Finance says if it's not a gift, and you can wait, you will get a much better price on a number of items.
Cars: The best deals are the year-end sales between Christmas and new year's...Plus you won't have to pay for a big red bow.
Name brand TV's: The best sales are in January, and right around the Super Bowl.
Furniture: January has the biggest furniture sales.
Luggage: The biggest sales are in March
And from the doesn't that stink file -- the secret of many pre-Christmas sales: The discounts are really not that great.
The Wall Street Journal says retailers make higher profit margins this time of year than in the spring and summer - which may leave you saying doesn't that stink.
The Journal says many of the biggest holiday season markdowns are on items that were never sold at their full price to begin with.
Think about it: If retailers were really selling everything at 40 or 50 percent off right now, they would be losing money.
Instead, the Wall Street Journal says they are making their best profits of the year this month.
Good to know so you don't waste your money.
Don't Waste Your Money is a registered trademark of the EW Scripps Co.
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