Bad Economy, Good Deals

By: Joe Gagnon Email
By: Joe Gagnon Email

Consumers are spending less and businesses know it, and now some are pulling out all the stops to get you to buy.
Ask Becky Brehmer, the owner of Main Street's Razzmatazz.
Her woman's clothing and home accessory store has something for everyone, and almost everything is at a huge discount.
"Because of the recession, we have a wide array of sales," she says, "ranging from 40-75% off."Feel like taking to the skies?...
Expect huge discounts for airfare and hotels, especially if your timing is right.
Airfares are lowest 2–4 weeks before takeoff and tend to go higher closer to takeoff.
They're also cheaper if you fly midweek.
On a flight from Grand Junction to Las Vegas including a hotel for four nights at the Luxor is about $200 right now.
Don't feel like traveling?
Stay here for some food.
Chili's Restaurant offering ten different entrees for seven bucks.
Old Chicago's on North Avenue has some massive deals too.
How about buying a home?
First time home buyers are eligible for an $8 thousand tax credit. Interest rates are down too.
They are now about 4% for a 30-year mortgage, that's lower than it has been in decades, but you'll need to have a healthy down payment.
Used car prices are up – as much as $3-5 thousand in some cases.
For new cars, there are cash back incentives, 9 thousand dollars in some cases.
Finance rates are at historic lows and you can now write off the state sales tax.
Food, clothes, travel and a house, all at a discount.
If you can afford to buy, itmay be a good idea to do it now...

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