The holidays are here, which means the shopping season is in full gear and millennials already have a head start.
According to the National Retail Federation, nearly 65 percent of older millennials, age 25-34, are already making a dent in their shopping lists and more than 50 percent agree that retailers' deals have been excellent so far.
"Millennials are already looking forward to shopping over Thanksgiving weekend in stores and online more than the average adult surveyed," said Kathy Allen, spokesperson for the organization. According to its research, it expects far more millennials shopping than the other generations — particularly because of their preference for deals.
A whopping 80 percent of millennial shoppers said they are interested in mobile app notifications on holiday sales, according to mobile media company Wanderful Media. But that's not to say they are opposed to the old-fashioned way of saving. In fact, 18- to 34-year-olds are using traditional paper coupons — or coupons printed from websites or emails — more than twice as much as any other method, according to CreditCards.com.
So as you start your holiday shopping, here's what some millennials already know about the best ways to get the most bang for your buck and stay within a budget:
They say timing is everything and the time to shop is around Thanksgiving. "This weekend, Wednesday through Monday, has really proven to be the best weekend to shop in the holiday season," said Brad Wilson, founder of coupon and savings website Brad's Deals. If you want to keep it simple and easy, just show up then and you are guaranteed to save, Wilson said.
For example, one of the best bargains this season, according to Brad's Deals, will be on the 55-inch LG Smart TV, originally $1,199.99, marked down to $698 at Wal-Mart but ONLY if you go between 6 p.m. and 7 p.m. on Nov. 26 — Thanksgiving Day.