The Price Is Right

By: Melissa Stagnaro

The price is right

The economic forecast is in, and experts are saying that our country’s economy will start to rebound in the second half of this year. The best way to celebrate the upcoming upswing? Go out and buy something big.

Not only will your purchases help to bring about economic change, but you’ll also be able to lock-in rock bottom prices on big ticket items like houses, cars and, my favorite, diamonds.

Last month, Forbes Magazine published a list of the top ten items you shouldn’t be without this recession. Well, maybe they called it something else, like “top ten things to buy before the economy improves,” but I prefer to think of it as getting while the getting is good.

Number one on the Forbes list of things you should buy now rather than later is a house. With plenty of deals out there, falling interest rates and government incentives, now is the time, apparently, to invest in a new home.

Of course you’ll need something to furnish that new pad with, so throw in some new furniture while your at it. That too is available cheap, cheap, cheap.

And why stop there. Make an impression on those new neighbors by pulling up to your new house in ... a new car! The automotive industry’s financial crisis can be your gain. With dealer incentives, discounted pricing and no interest for qualified buyers, it’s the perfect time to invest in some new wheels.

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Now is also the time to go on vacation. With hotel occupancies and cruise bookings lagging, it’s possible to get great deals. If the only thing standing in your way from taking that trip of a lifetime is work, don’t worry. Pick up a new laptop before you embark. These too, are available on the cheap at the moment. (Too bad I bought my new one in January, before there were such steep discounts.)

Whether or not you go on vacation, it’s definitely time for a new wardrobe. Luckily prices on women’s clothing are also on the decline, particularly on footwear, accessories and outerwear. Discount stores are offering more and more discounts and more upscale establishments are having big sales and clearance events. Aahhh, and it isn’t even Christmas.

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