First up, anything with power switch is cheaper in January.
Tv's will also be discounted, but if you're shopping for a giant-plasma, wait until closer to the Super Bowl, when high end tv's will drop even lower in price closer to the big game.
The same goes to make way for 2012 styles.
Too much inventory, not enough space, spell deep discounts for all winter apparel this month.
If you've been kicking around buying an expensive piece of jewelry, January the time to indulge.
Christmas baubles, and designer watches, left on the shelves for the holidays will be priced to move.
And get a mover to haul out your old couch, start the new year taking advantage of furniture sales. Furniture designers release new models in February look for clearance sales starting now.
It may go on sale soon, but now's not the time to buy the iPad 2, rumor has it the iPad 3 will hit the shelves next month, so hold out.
But don't hold out on stocking up on champagne toward the end of the month, the unsold New Year's bubbly can be bought for a song.
This time of year is in fact a good time to get a deal on a vacation package, if you're willing to jet off sometime soon.
Last January dealnews saw the highest number of editors' choice packages of any month, which means several fight and hotel combo deals were at their lowest price of the year.