Personal Finance Myth #25

You receive the best discount and offers on festive sales | Vrid
People illustrations by Storyset

You receive the best discount and offers on festive sales

We often wait for a festive sale to save money with discounts. 

But a report by Ace Turtle states that the average discount on regular days is 47%, which marginally increases to 50% during the sale period. 

Thus, it might be a myth that brands engage in hefty discounting during holiday sales compared to non-sales periods. 

To save money, plan your buy list properly. Track the prices of the products and plan your purchases accordingly. For more tips and data, read here.

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