The Best and Worst Things to Buy in February

February may be the shortest month of the year, but it’s certainly not lacking in savings. You might not score as big of a discount as you would prefer on a Valentine’s Day gift, but this month you’ll find deals on several necessities like winter coats and tax software. We’ve sorted through the DealNews archives of sales, coupons, and daily deals to find out what the best and worst things are to buy in February.

Prepare for Presidents’ Day Salesshutterstock_93399769

The best part about a holiday weekend isn’t necessarily the day off, but rather the inevitable sales. You can expect quite a few Presidents’ Day sales during the upcoming 3-day weekend, and they’ll take as much as 85% off on a plethora of apparel, as well as tools, bedding, and furniture. Some retailers tend to offer deeper discounts on existing sales, while others will lean towards modest coupons (likely an extra 20% to 30% off) that are applicable sitewide. Look to clothing and department stores for a big Presidents’ Day sale push.

Nintendo’s Misfortunes Mean Excellent Discounts

Last month, Nintendo released a fairly miserable sales forecast for the Wii U, projecting far lower sales than previously expected. As such, you can bet that the manufacturer and retailers alike will be looking to promote Wii U sales any way they can. Such tactics to encourage further engagement with the product usually translate into new all-time low prices, as well as great discounts on accessories and games. However, the gloomy news about the console might mean that game creators will be less inclined to publish Wii U-specific titles; thus, buying the Wii U might mean committing to an increasingly less robust game universe.

Keep an Eye Out for Tax Software Deals

While Editors’ Choice tax software deals were hard to come by last year, February most definitely ushered in a plethora of discounts. Look for promotions that slash 30% to 50% off programs from H&R Block, TurboTax, and more. In general, prices remained the same throughout March as well, so there’s no need to hold off on the purchase if you’re itching to get those taxes filed.

Wait for New Models Before Buying a Smartphone

Mobile World Congress, an international phone convention in Spain, is being held later this month, and with it will come a variety of new handsets to consider. While it’s true that many of the hottest non-iOS phones, like the flagship offerings from Samsung and HTC, tend to warrant their own event announcement later in the spring, several will still get teased during the event. Either way, a slew of new phones are on their way in the coming months, and since getting a new smartphone for most people entails committing to a 2-year contract, you’d be wise to wait and see if you’d prefer the newer model. If not, you’ll at least benefit from much better discounts on the previous generation once the new hotness is out.

This article was written by Lindsay Sakraida and Louis Ramirez and originally posted at dealnews.com. Read the article in its entirety by clicking here.

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