Author Archive for Morgan Daniels

Waging War Against Porch Pirates

Ahoy, mateys!

Holiday shopping season is upon us and your (not-so) friendly neighborhood porch pirates are gearing up to pilfer the holiday treasures being delivered to your doorstep.

The season can be stressful enough. You don’t need the extra burden of some crooks stealing your joy.

Here are some ways to conquer the porch pirates and lay claim to the best holiday ever.

Have your packages delivered elsewhere

Having your packages delivered to your office is one of the best options, especially since you can hide the gifts from your family. If this isn’t an option, have orders shipped to a neighbor or family member who’s home during the day.

FedEx packages can be picked up at one of their offices or participating Walgreens locations.

UPS packages can be received at a local UPS Store, CVS or Michaels, or you can arrange to have them delivered on a day when you are home.

Let the delivery person in

A total of 17 percent of respondents to a recent PCMag survey of 1,500 people said they have a smart lock allowing them to unlock their door by smartphone or computer. Video allows you to see who is at your door and instruct delivery people where to drop the packages and then lock up after they leave. Smart locks range in price from $100-$300.

Have packages delivered to your car

Key by Amazon allows Amazon Prime members to have their packages left in their home, garage or even their cars.

Download the app to have your items shipped to your car within hours. Check the app or website to see if your product, vehicle and address of the vehicle are eligible for delivery. Pick a delivery time and you’re set. You will receive notification when your package is out for delivery and when the driver is en route.

The Amazon website says select makes of vehicles, model years and an active connected car service plan, such as OnStar and On Call are required. Key In-Car Delivery cannot handle heavy or bulky items weighing more than 50 pounds.

Track your packages

If high-tech gadgets aren’t your thing, simply use your low-tech skills to track your packages. UPS, the U.S. Postal Service, Amazon and FedEx all offer tracking online.

Sign up for USPS Informed Delivery; UPS offers the My Choice or FedEx’s Delivery Manager to keep track of deliveries. Tracking information for Amazon packages can be found in your order details.

CSE wishes you a safe and happy holiday shopping season.

9 Ways to Thank a Veteran this Veterans Day

Our service members past and present are the true heroes of our nation. U.S. veterans selflessly served our country, spending months or years away from home, undergoing grueling training and often putting their lives at risk, just to keep us safe. It’s time to say thank you!
Take a few minutes to show your appreciation for our country’s veterans on Nov. 11, Veterans Day.
Join CSE FCU as we thank the members of our military this Veterans Day! Here’s a list to get started to celebrate our nation’s heroes.

1. Fly a flag-the right way

Veterans Day offers a wonderful opportunity to fly Old Glory. Just make sure you’re observing the proper rules for its display this time of year. Read up on all you need to know about flying the flag on the military’s guide to the flag.

2. Visit a VA Hospital

Call the closest Veterans Administration hospital to ask about their policies for interacting with patients or volunteering. Once you have that down pat, you can spend Veterans Day visiting a recovering vet or volunteering your services at the hospital. Lots of VA hospitals will host special events on Veterans Day, which are usually open to volunteers. It’s a wonderful way to give back to our service members.

3. Send a care package

Security measures make sending a care package to an anonymous soldier a near impossibility in our hyper-vigilant climate, but you can still show your gratitude. There are several organizations that will enable you to safely send a care package. Instead of putting the goodies together yourself, you’ll make a donation to one of these recognized organizations and they will assemble and send the package for you. You can find a list of these organizations and contact them directly here.
Lots of these funds are 501(c) (3) organizations, which makes your donation eligible for a tax deduction. To find out whether a charity is qualified charity, check out the IRS’ list of federally recognized organizations.

4. Make a donation

Sometimes, a monetary donation is the best way to show where your true values lie. There are loads of nonprofit organizations out there that offer a plethora of services to members of the military and gladly accept donations. Look through this list to find the one that’s right for you.

5. Donate your car

If you’ve just bought a new set of wheels and you’re looking for a way to get rid of your old vehicle, consider donating it to the military. There are lots of organizations, like the Veterans of Foreign Wars Foundation, which will happily take your old car, truck or RV and donate its value to the military. These services are free of charge, highly convenient, and many are federally recognized charities that can net you a tax deduction for your donation. Let your vehicle serve our country even after it’s retired!

6. Attend a Veterans Day event

Find out about the Veterans Day events and parades being hosted in your town and attend at least one of them to show your support for the military.

7. Bake some cookies

Sometimes, a homemade gesture is the best way to express your gratitude. Whip up a batch of your favorite cookies to share with a service member you know on Veterans Day. You’ll be showing the veteran how much you appreciate their service in the sweetest way possible.

8. Send a card or email

If you personally know a veteran, take this opportunity to send him or her a postcard or email that recognizes their contributions to the country. If you don’t know any current or past service members, you can look up the closest military station and simply send one there. An anonymous soldier will be gratified to know that the people of this country appreciate all they have done to keep us safe and protected.

9. Run for our veterans

If you like to get up and move it, consider running or walking for our vets. You can join a sponsored race that donates its proceeds to the military almost anywhere in the country. Get some friends to join you and work up a real sweat while supporting our vets. There are lots of organizations, like Veterans Day 10K, which will help make your race possible by providing you with logistics and fundraising web pages for your run. Look up more information about races around the country on Militarybenefits.com.
Veterans Day is about a lot more than a day off from school and awesome sales at your favorite store. This Veterans Day, make sure to thank a vet and show your appreciation for our country’s true heroes.

Beware of Natural Disaster Scams

When disaster strikes, so do the scams. If you live in an area that’s prone to storms and flooding, or you volunteer to help victims of natural disasters, beware of these post-disaster scams so you’re not taken for a ride.
1. Bogus charities
As soon as a natural disaster hits, fake charities spring up everywhere. Unfortunately, these scams are often successful at swindling victims out of thousands of dollars.
Never take a request for monetary aid at face value. Check out the charity’s authenticity at Charitynavigator.org and on the Better Business Bureau website. If you find the charity does exist, and is a reliable organization, make sure the website address (URL) is correct and you’re not working with a copycat site. Or, contact the charity on your own.
2. FEMA imposters
After a natural disaster, scammers impersonate FEMA representatives to collect victims’ personal information and/or their money.
If you applied for FEMA and you receive a phone call from someone claiming to represent the federal organization, only share your FEMA claim number over the phone. If the caller is legitimate, they’ll already have any other information they need.
If a FEMA representative shows up at your home, ask to see a FEMA-issued photo ID badge. Do not give the “FEMA rep” any of your money – or any of your personal information.
3. Shady contractors
Many so-called contractors scour storm-damaged neighborhoods to offer their services to homeowners who are seeking repairs. They may ask for upfront payment and then do a sloppy job or never complete it. Carefully research any contractor you’d like to use before hiring, and never agree to pay for all or most of the repairs before the work is done.
4. Damaged cars
Sometimes, a car that’s been in a flood or hurricane can be fixed up so to look fine on the outside despite a heavily damaged interior. Shady car salespeople might try to sell these vehicles to unsuspecting consumers who have no idea the car has been in a storm.
If you’re shopping for a car in an area that has recently been hit by a natural disaster, check out the car’s history on Carfax.com.
If you suspect fraud of any kind, let the FTC know at FTC.gov.

Empower by Fashion: Clothing for a Cause

Get ready to clean out your closets because CSE is hosting a clothing drive September 3rd-10th! Our mission is to help people build financial success, so we’re partnering with Louisiana Workforce Commission to help empower men and women by providing them with professional attire so they can thrive in their work life.

How can you help? Go through your closets and help us spread the word; encourage your friends to do the same! Keep in mind that not every job requires a suit and tie—some places of employment want their employees to wear jeans or scrubs. Our goal is to help men and women dress for the job they’re interviewing for! Please consider donating the following:

Apparel

  • Suits
  • Dresses
  • Blazers
  • Skirts
  • Pants
  • Polos
  • Jeans
  • Dress shirts and blouses
  • Cardigans
  • Scrubs
  • Slacks
  • Sports coats

 

Shoes

  • Pumps: peep-toe, closed toe or sling-back
  • Flats: ballet, loafers
  • Men/Women’s boots
  • Men’s dress shoes: oxfords, loafers

 

Toiletries

  • All toiletries must be new and unopened. We encourage donating hygiene and grooming products, cosmetics and cologne or perfume.

 

Accessories

  • Brief cases
  • Handbags
  • Belts

 

Clothing should be career appropriate, new or gently used and should not have holes, stains or require repairs.

HOW LONG DOES IT TAKE TO BECOME A MILLIONAIRE?

How long does it take to save a million dollars? How much must you sock away each month to reach it? Is achieving millionaire status even a possibility for most Americans? 

If you’ve ever considered these questions seeking to implement the answers in your own life, or you’re just curious, we’ve got the inside scoop. Read on to learn exactly how long it takes to become a millionaire. 

Who wants to be a millionaire? 

A million dollars is approximately four times the median net worth of retirement-aged people in the U.S. However, a net worth of a million dollars is well within the reach of most Americans, as long as they have enough time and a sound investment strategy. 

How long does it take? 

The amount of time it will take you to become a millionaire depends on the following factors: 

1.    The amount of money you invest

2.    The rate of return on your investment 

The table provided here gives you an idea of how much you’d need to save, and how many years it would take you to reach $1 million, at various rates of return. 

Monthly Savings

Years to $1 million with 10% annual returns

Years to $1 million with 8% annual returns

Years to $1 million with 6% annual returns

Years to $1 million with 4% annual returns

$100

44.5

52.9

65.7

88.6

$500

28.8

33.4

40.1

51

$1,000

22.4

25.5

29.9

36.7

$1,583

18.4

20.7

23.8

28.4

$2,083

16.2

18

20.4

23.9

$3,166

13

14.2

15.8

18

$4,166

11

12

13.2

16.8

Getting started 

If you’ve made this your goal, don’t waste any time getting started. The sooner you begin investing, the less money you’ll have to put away each month and the sooner you’ll reach $1 million. 

The easiest starting point for your million-dollar prize is to maximize your contributions to your employer’s 401(k) and your own IRAs.

Two neglected factors 

One crucial factor most people forget about when trying to invest their way toward a million dollars is the rule of inflation. Simply put, a million dollars today does not have the same value as a million dollars in 30 years. When you adjust for inflation at 3 percent a year, $1 million in 2020 would need to grow to $2,427,262 to have the same purchasing power in 2050. 

Another point that is often overlooked is that no one can accurately predict the future. There’s no way to know what life events you’ll have over the next three decades, some of which can significantly affect your finances in either direction. 

If you’re ready to start investing your way toward $1 million, speak to a representative at CSE to ask about our investment and savings products or view our rates! You can be a millionaire!

 

SOURCES:

https://www.fool.com/amp/retirement/2019/07/14/how-long-does-it-take-to-become-a-millionaire.aspx

https://www.moneyhelpcenter.com/how-close-are-you-to-being-a-millionaire/

https://www.daveramsey.com/blog/how-to-become-a-millionaire

https://www.financialsamurai.com/how-long-does-it-take-to-become-a-millionaire/

https://www.cnbc.com/amp/2017/05/19/how-long-it-will-take-you-to-become-a-millionaire.html

7 Steps to a Mid-Year Financial Checkup

It’s hard to believe, but 2019 is half over. Take a timeout from barbecues and beaches to give yourself a mid-year financial checkup. Use the seven steps below to guide you. 

Step 1: Revisit Your Budget 

Take some time to review your monthly budget. Is it working for you or are you falling behind each month? After reviewing, adjust your budget as necessary. 

Step 2: Anticipate Large Expenses 

List any large expenses you anticipate in the coming six months. This can include household appliances that may need replacing or an anticipated medical expense that is not fully covered by insurance. 

Next, determine the spending category you will take the money from to cover these expenses. Deciding on a source for these funds now will help you avoid making the wrong choices when you’re under pressure in the future. 

If you do not have enough money set aside for these expenses, build a savings plan into your monthly budget so you have the funds available when you need them. 

Step 3: Review Your Tax Withholdings 

Review your tax withholdings to see if they need any adjusting. Your goal here is to pay the perfect amount so you’re not hit with a huge tax bill at the end of the year, but you’re also not lending the government your money all year long. 

Step 4: Check Your Credit Score 

Visit CSE Online or CSE Mobile for your free credit report. If your score has gone up in the last six months, you’re doing great! 

Conversely, if your score has dropped, review your report in detail. Take the necessary steps to fix your score today, whether that means contesting an erroneous charge with the Federal Trade Commission, setting up an automatic payment on some of your bills or lowering your credit utilization rate by paying with plastic less often. 

Step 5: Review Your Investments 

Review and adjust all of your investments. This includes your retirement funds, any stock investments, bonds, trust funds or share certificates at CSE. Make sure you are maximizing your contributions when possible and that your other investments are performing according to plan. Adjust as necessary.   

Step 6: Tackle Your Debt 

List every outstanding debt you carry, including credit card debt and all kinds of loans. Designate one debt to tackle first and work on a plan to pay it down. Once you’ve paid off this debt, move to the next one on your list. 

Step 7: Review Your Financial Resolutions and Long-term Goals 

Review the financial resolutions and goals you dreamed up at the end of 2018 and then determine whether you are taking the steps necessary for making them happen. If you’ve been neglecting them, create a plan for working toward them for the rest of the year. 

Now you can kick back and enjoy the season, guilt-free. Happy summer! 

 

SOURCES:

https://money.cnn.com/2016/07/28/investing/financial-checklist/index.html

https://onebiteblog.com/its-time-for-your-mid-year-financial-checkup/

Capital One Compromise and Cardholder Fraud Education

It was announced in the media that a hacker gained access to more than 100 million Capital One customers’ accounts and credit card applications earlier this year. At this point in time, Capital One is saying that the vulnerability has been fixed and that it is “unlikely that the information was used for fraud or disseminated by this individual.” However, the company is still investigating. It was also noted that “no credit card account numbers or log-in credentials were compromised and that over 99% of Social Security numbers were not compromised.” 

Although only Capital One customers are impacted by this breach, we consider this is the perfect opportunity to remind everyone of how stolen cardholder information is used to commit fraud.

Fraudsters have become increasingly adept at getting cardholders to share the information they need to commit fraud by posing as financial institution call center agents, or by sending text messages that look like they are coming from your institution, warning of suspicious transaction activities. They are also known to call in to call centers posing as cardholders requesting changes to card information and parameters. 

The fraudsters do this by using information stolen through data breaches at health insurance providers, reward program providers, credit bureaus, merchant terminals, and social media sites, as well as through malware programs deployed on personal computers, to mention just a few. Stolen personally identifiable information (PII) is combined with stolen card information, resulting in sufficient information to create profiles that fraudsters can use to position themselves as the actual cardholders. 

The following points can help you avoid compromising your personal information: 

• The only way CSE will contact a Member regarding fraud is through a phone call from (877).253.8964 warning you of suspicious activity on your card. The first attempt is by an automated system asking you to verify a list of transactions. If the Member does not answer it will leave a voicemail with a Case ID number. If you are uncertain about questions being asked or the call itself, please hang up and call us directly at 477.2000. If a call is received by the cardholder, claiming to be our Call Center and asking to verify transactions, no information should have to be provided by the cardholder other than their zip code, and a ‘yes’ or ‘no’ to the transaction provided.

• If you are set up to receive a text alert from us through Online Banking, it will always be from a 5-digit number and NOT a 10-digit number resembling a phone number. A valid notification will never include a link to be clicked. Never click on a link in a text message that is supposedly from us.

• We will NEVER ask you for your PIN or the 3-digit security code on the back of your card. Don’t give them out to anyone, no matter what they say. Hang up and call us directly. Fraudsters will often ask cardholders to verify fake transactions. When the cardholder says no, they did not perform those transactions, the fraudster then says that their card will be blocked, a new card will be issued, and that they need the card’s PIN to put it on the new card. Many people believe this and provide their PIN. The 3-digit CV2 code on the back of the card will allow a fraudster to conduct card-not-present transactions. 

• Regularly check your account online to see if there are any suspicious transactions that have occurred, but especially If you are unsure about a call or text message you’ve received. If anything looks amiss, call us directly for assistance. 

• If you have received a voice- or a text-message from us and are unsure about responding to it, call us directly for assistance. 

For more information on how to avoid fraud, please contact a CSE Representative at 477.2000

Source: Fiserv Inc. (2019) Capital One Compromise and Cardholder Fraud Education [PDF file].

Which Features Should You Look For in a Vehicle?

Shopping for a car doesn’t have to be complicated. To help you out, we’ve created a list of key features to consider in your new car, and a list of features you can skip. 

Must-have safety features 

  • 360-degree camera: This camera gives drivers a bird’s-eye view of the area around the car.
  • Evasive steering: This feature provides additional steering support when you’re in danger of colliding with another vehicle, and your own steering efforts are insufficient.
  • Forward collision warning: Drivers get a visual and/or audible alert when their vehicle is heading toward a forward collision.
  • Blind spot alert: This feature alerts the driver when there is an object or pedestrian in direct line of their blind spot.
  • Automatic emergency braking: Stay safe with this feature, which automatically applies the brakes when it senses a vehicle in your car’s way. Some systems include pedestrian detection as well.

Convenient features 

  • Automatic keyless entry: This feature automatically unlocks a car’s doors when it senses a nearby fob.
  • Power tailgate: This feature for pickup trucks and SUVs lets you lower and raise your tailgate with the push of a button.
  • Multi-zone climate system: Family road trips are peaceful again with this feature, which allows for different climate controls throughout the car.
  • Speedy USB-charging outlets: No more unbearable waits for your gadgets to power up with this super-speedy USB port.  
  • Heated steering wheel and driver’s seat: This one is for those frosty mornings when your car can’t get warm fast enough.
  • Wireless charging pad: Just place your phone on one of these pads and it will start powering up.

Fun-to-have features 

  • Home assist device connectivity: Some new cars allow you to use remote voice control with home assist technologies, like Alexa, for your car.
  • Rear entertainment systems: This feature gives the rear seat of your car a completely separate entertainment system.
  • Android Auto and Apple CarPlay: These features sync your smartphone’s interface with your car’s infotainment system for easier phone control.

Features you can skip 

  • Bigger wheels and thinner tires: The ride will be less comfortable and your wheels will be more prone to damage from potholes.
  • Built-in navigation systems: Most built-in navigation systems require constant updates.
  • Lane keeping assist: This feature automatically steers or brakes your car when you cross a lane marking without turning on a blinker. In real life, though, it can be annoying as you’ll often need to cross a lane marker for good reason, like moving over for an emergency vehicle.

Before you start shopping, call, click, or stop by CSE Federal Credit Union to hear all about our auto loans!

Save big this season with our handy list of back-to-school shopping hacks! 

1.) Plan to shop 5 times

To take full advantage of sales and clearance events throughout the summer, plan on making 5 shopping trips this season so you can get the best prices when they are offered. 

2.) Stock up

While prices are low, buy enough school supplies to last through the first half of the year or more. You’ll save a ton and not have the hassle of buying more later. 

3.) Take advantage of loss leaders 

Every week this season, retailers sell one product at a super-low price. This is their loss leader: an item priced so cheaply that retailers actually lose money on sales. Make sure you catch those deals! 

4.) Shop the dollar store 

Before you hit the regular stores, shop for real bargains at dollar stores like Dollar Tree and Family Dollar. 

5.) Buy designer backpacks online 

Check out sites like 6PM and eBags for fantastic deals on designer backpacks. 

6.) Use manufacturer coupons 

Check out circulars, like RedPlum, and coupon sites, like Retailmenot.com, for manufacturer coupons from supply companies. 

7.) Decode price tags 

Here’s how these popular stores mark their lowest prices: 

  • The Gap: Ending in $.97
  • Target: Ending in an 8
  • Old Navy: Ending in $.47
  • TJMaxx: Yellow price tag

8.) Shop through Ebates 

Do all your online shopping through cash-back sites, like Ebates, and get 2-4% of every purchase back. 

9.) Coordinate with other parents 

If you’re in Walmart when they have bargain-priced pencils, offer to buy a few boxes for your friend’s kids. And, when your friend finds the super-hot deal on crayons, he’ll pick up a few boxes for your kids. 

10.) Check out gift-card sites 

Save big by buying discounted gift cards to stores like Michael’s and JCPenney on sites like GiftCardGranny and Raise. 

11.) Use the Amazon App 

Have your phone handy when shopping so you can comparison-shop when buying your supplies. If an item is cheaper on Amazon, why buy it at a store? 

12.) Sign up for promotional mail 

  • H&M: Save 20% on one item when you text your email address to 707-03
  • Kohl’s: Save 15% off your entire order by texting SAVE15 to 564-57
  • Old Navy: Sign up for a weekly text alert by texting 6046 to 653-689 and get a $5 coupon; and also sign up for promo emails on OldNavy.com to get a 30%-off coupon
  • Crazy8: Sign up for emails and receive 18% off your next order plus free shipping
  • The Children’s Place: Input your email address in the pop-up box on TheChildrensPlace.com and get a $10 coupon.

13.) Take advantage of price-matching 

Lots of stores, like Office Depot, Staples and Target, offer to match any competitor’s price. 

14.) Shop early in the week 

Weekly sales go live on Sundays and the best deals get grabbed first. Shop Sundays and Mondays, and never miss out on a great deal again. 

SOURCES:

https://www.google.com/amp/s/thekrazycouponlady.com/tips/money/back-to-school-shopping-hacks.amp.html

https://www.worthpointeinvest.com/the-best-time-saving-hacks-for-back-to-school-shopping/

https://www.sixsistersstuff.com/10-back-to-school-shopping-hacks/

https://money.usnews.com/money/personal-finance/articles/2015/07/22/14-back-to-school-shopping-hacks

WHAT TO BUY AND WHAT TO SKIP ON MEMORIAL DAY

Since 1971, Memorial Day has been celebrated as an extended weekend away from work–and the unofficial start of summer. It’s time to get that grill going, dust off your patio set, and break out the white jeans you’ve had stashed away all winter. 

More recently, Memorial Day has also turned into a second Black Friday for retailers,  each offering loads of sale events in stores and online,and each promising to save you heaps of money. Lots of these sales will run for a full two weeks, starting a week before Memorial Day, which falls on May 27 this year, and continuing until the end of the month. 

As always, though, not every marked-down product is actually a bargain. In fact, you can sometimes get the same product a lot cheaper by waiting  a few months—or even just a few weeks. And of course, if the for-sale item is not one you need, you’re better off leaving it in the store. But, if you know what to shop for and you’re careful to stick to what you need and can afford, you can find some great deals. 

Let’s take a look at what to buy and what to skip this Memorial Day weekend. 

Buy: Outdoor essentials 

Get ready to welcome summer with outdoor gear like grills, lawn mowers, mulch, ladders, and more, which may be marked down as much as 50% at stores like Lowe’s and Home Depot. Online retailers, like Wayfair and Overstock, host similar events and may offer free two-day shipping in honor of the summer season kickoff. 

Skip: Electronics 

You’re going to see lots of crazy-low deals on gaming consoles, laptops, and tablets around Memorial Day weekend. But, unless you need one now, it’s better to wait it out. You’ll find even better deals on electronics during Black Friday season, when retailers are looking to clear out last year’s models to make room for the newer inventory. If you need your electronics sooner than November, you may consider waiting until July, when many retailers host “Black Friday in July” events that feature steep discounts on electronics. 

Buy: Furniture 

Memorial Day weekend is the perfect time to spruce up both the inside and outside of your home with new furniture. You can snag a great deal on a fully-loaded patio set, pick up a comfortable sofa, and even swap your old mattresses for new ones, all at great prices. You may need to use a coupon code to qualify for the reduced price, so be sure to check out a retailer’s website before hitting the store. 

Skip: TVs 

Don’t make the mistake of picking up a new TV in May just because you found one at an excellent price. Most marked-down TVs you’ll find around Memorial Day are older models with outdated features. You can find much better deals on newer models in November or January.  

Buy: Wedding registry gifts 

Department stores, like Macy’s and JC Penney, offer discounts on household essentials, like coffee makers and blenders, in advance of the wedding season. You’ll also find markdowns on these items at specialty stores, like Bed Bath & Beyond. If you’ve got any weddings to attend this summer, pick out a registry gift now to save big. 

Skip: Cars 

If you’re looking for a new set of wheels, wait until after June. You’ll find the hottest deals on cars between July and October, when dealerships are trying to move old inventory and make room for the newer models. 

Buy: Tires 

Preparing the family car for a summer road trip? You’ll find the year’s best prices on tires around Memorial Day weekend. 

Skip: Swimwear 

Don’t splurge on swimwear and other summer apparel just yet. Wait until June, or even mid-summer if you can swing it, for the steepest discounts. 

Buy: Spring apparel 

Retailers have been displaying their warmer-weather line for months now. That makes the end of May a perfect time to stock up on spring wear. 

Skip: Power tools 

You’ll only have to wait a few weeks for the hottest deals on power tools. Father’s Day sales usually start at the beginning of June, and they offer deep discounts on power tools and other outdoor power equipment. 

Buy: Appliances and home décor 

Retailers and manufacturers alike offer markdowns on large household appliances, like refrigerators, dishwashers, and ovens, at the end of May. Hold onto your receipts, as you may need to mail them to the manufacturer for a cash-back rebate. You can also score a deal on home décor products, like light fixtures, flooring, and kitchen essentials, at Memorial Day sale events. 

Skip: Jewelry 

All that glam won’t glow so brightly if you have to drain your wallet to pay for it. Skip the diamonds this month and wait until late summer, when the jewelry business is at its slowest and retailers put some of their products on sale. If you can wait even longer, push off your purchase until the end of February, when jewelry prices are at their lowest. 

Now that you know what to buy and what to skip this Memorial Day, you can kick off the season of poolside barbecues and aimless road trips by snagging some great deals! 

SOURCES:

https://www.finder.com/memorial-day-sales

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/99B0B79C-4236-11E7-AE38-779A9096A819

https://www.nerdwallet.com/blog/shopping/shopping-tips-news/what-to-buy-skip-may/

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