What to buy and not to buy in January

If you still have some spending money left over from the holiday season, January is a great month to buy certain items.

Experts at savings website Dealnews.com say if you're thinking about making January a shop-free month, you may want to think again.

January is a great month to buy winter clothing. It's marked down and there's still plenty of time to wear it this season.

Prices on HDTVs are also significantly lower because last year's models are marked down.

January is also a traditionally good time for sales on bedding and furniture.

But there are some shopping items you should avoid this month.

January is not a great month to buy fitness equipment. Everyone wants it and a lot of people are trying to fulfill their New Year's resolutions.

Another item to avoid: luggage.

Finally, if you want jewelry, you should hurry. Prices will go up in the next few weeks for Valentine's Day.

If you are in the market for a big TV, Dealnews.com experts say you should look for sales around Martin Luther King, Jr. Day on Jan. 20 and just before the Super Bowl on Feb. 2.

And that way, you don't waste your money.

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