States to Offer More Sales Tax Holidays

What: More states are offering Sales Tax Holidays, periods of time in which the state doesn’t charge sale tax on select items, according to SmartMoney.com.

From SmartMoney: In a bid to spur consumer spending, 17 states are offering sales tax holidays this summer and fall. Consumers shopping during those days can stretch their budgets for back-to-school staples such as clothing, computers and books, and in a few states, bigger purchases of Energy Star products or hunting equipment, too.

Our Two Cents: We like the thought of sales tax holidays, especially during this shopping focused time of year. However, the savings are relatively small (3-10% depending on your state), so don’t go crazy with the credit card. Remember to use the cost per wear and these general budget shopping tips.

Go here for a list of Sales Tax holidays in your state