£ The Smarter Spender

Spending is not bad, spending other people’s money is! Be money smart, spend what you can afford and get the best deal. What products are likely to dip in price this week?

Dumbbells

8% cheaper on average than one week ago

Hoodies

11% cheaper than last week

Strategy Games

13% cheaper than last week

Prams

10% cheaper than last week

Fridges

12% cheaper than last week

Garden Hoses

12% cheaper than last week This is a good time to think about buying… Indoor Cycling Equipment

While January is a time when many of us feel the urge, or necessity, to tighten our belts, there are still a few things to consider buying in the first month of the year if you want to make a saving.

You might have heard of the Peloton craze. By paying a subscription to Peloton you take part in group fitness activities on a VERY expensive (we are talking into the thousands here) home exercise bike.

While many swear by it to keep fit at home, you don’t need to splash out thousands on home gym equipment, especially as January is the cheapest month to buy indoor cycling kit.

The average price of indoor cycling items in January is £661, which is far cheaper than the average £723 you would pay if you bought it during the most expensive month of October.

This week, we reckon consumers will be buying… Cheap Thrills

While none of us are feeling particularly flush with cash right now, we are in an even more January kind of mood than ever.

Therefore, we predict that there will be plenty of consumers looking to buy cheaper items to keep themselves entertained and get through the rather long, cold months ahead.

If you are wondering just what kind of affordable distractions we are all likely to be purchasing over the next few weeks, it could range from books to retro games and video games and perhaps even the odd adult toy.

■■Data provided by Idealo.co.uk, the price comparison site.