What's the Deal: Best items to buy in January

With a new year comes new deals and January has some of the biggest bargains.

First off, holiday decor. As you put yours away, consider next year's trimmings and wrappings. Seasonal inventory in many stores is being slashed up to 90 percent right now.

Be sure to check your big box stores and retailers like Target, Crate and Barrel for the best deals.

If one of your resolutions is to get in shape, check out fresh discounts on fitness equipment.

Stores like Sears and Dick's Sporting Goods are taking up to 50% off. Also, look for great deals on gym memberships.

Looking ahead to the next major holiday, Valentine's Day is a little more than a month away and it's not a bad idea to grab some post-Christmas sales on jewelry and accessories.

The big deals on floral and chocolate gifts usually come in a few weeks - so be aware.

Winter apparel is also being slashed, with deals on hot brands up to 70 percent off at stores such as Amazon and Nordstrom. It's the perfect time for some cozy new clothes, since it's finally starting to feel like winter!

Finally, experts say that new models of many popular tech wearables like fitness trackers and Apple Watches are expected out in the spring, so the older generations usually see price cuts this month.