Where the wild savings are

It’s that time of year again when businesses draw a line under their 30 June accounts, with some offering amazing discounts to try to make their balance sheets look healthier.

If you’ve been yearning for some new Bonds undies, or maybe some slinky Sheridan sheets to slither between, shopping for them before the end of this month means you will be able to buy them for half the regular price.

The choice of products on special in end-of-financial-year (EOFY) sales is large. From books and sunglasses, to laptops, televisions and even facials. Many retailers from David Jones to Myer also offer great deals on their glad-rags for your wardrobe makeover.

If you need some serious retail therapy to ward off the winter blues, now is a great time to snare designer labels. Visit popsugar.com.au for top-end brands that are waiting to walk off the shelves and racks.

Shop for Christmas presents or birthdays now and you will save a bundle with retailers offering EOFY discounts. And it means you won’t have to make the last-minute dash to an overcrowded, energy-sucking shopping centre in December.

If you need to replace your old jalopy, the good news is car yards are busy trying to offload stock in order to make room for new models in the new financial year. Head to drive.com.au for a round-up of dealers with sales in June.

It will be hard to beat the sale prices most major vehicle companies are offering at the moment … or so their spiel says.

But before you spend all your money, take a moment to think through whether a purchase is something you really want or need. There is a lot of hype around EOFY sales and it’s important not to fall for the sort that convinces you to shop until you drop and add to the hoard of unloved items clogging up your cupboards.

Choice’s website has some tips for avoiding getting stuck with a pile of stuff you don’t really want, including a hefty credit card bill.

Do you do your Christmas shopping in June? What is the most you have ever saved by buying something on special? Are you sick of rampant consumerism?

Related articles:
Fantastic financial year opportunities
Five ways to bag a bargain
Second-hand shopping for first timers

Written by Olga Galacho


Five fantastic end of financial year savings opportunities

Keep more money in your pocket with these end of financial year savings tips.

Five ways to bag a bargain next time you shop

Securing great shopping deals is easy with these five tips.

Three high-tech ways to buy second-hand and save

Discover five high-tech ways to buy second-hand and save.