What Not to Buy in July -- Savings Experiment

July is a great month for sales, but not all of them are worth hitting. Here are a few tips on what you should avoid buying this month.

While it may seem like a good idea to get a head start on school supplies, it actually pays to procrastinate. If you wait until August, prices on writing materials and more will be significantly reduced. At retailers like Office Max and Staples, you can stock up on pencils for a penny; glue sticks for as cheap as 10 cents; and notebooks for a mere quarter.

Even more good things come to those who wait. If you can hold out on back-to-school shopping until the very end of summer, you can get up to 80 percent off retail prices on supplies.

Another item to avoid buying in July is sunglasses. According to Dealnews.com, Sunglass Hut and 6pm.com don't hold their best sales until fall and winter. Stock up in the off months and you'll have back-up shades for next year.

Summer sales are enticing, but it's best to wait when it comes to school supplies and sunglasses. Steer clear of these items and you'll maximize your savings for the season.

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