It's a new year, which is one of the best times to shop for specific products.

A few hot-ticket items in January tend to be fitness equipment and winter clothing.

Other popular deals that might not be on your radar include holiday decorations, which are slashed following the season, as well as fine jewelry as retailers are gearing up for Valentine's Day gifting in February.

On the flip side, there are several purchases that should be held off on, according to Deal News.

Products to skip buying in January:

Gym memberships - While many would think January is a great time to cash in on a new gym membership, it's recommended to hold off until June as many gyms are still dealing with coronavirus closings and occupant limits. Video game consoles - The latest game consoles are still too new for discounts, but companies will more than likely start rolling out deals toward the end of the year.

Smartphones - It's better to hold off until around September as most new models of phones are released in the fall.

Laptops - Sales on laptops in January are limited as most are reserved for "Back to School" or Black Friday/Cyber Monday shopping events.

Now that you know which buys can be skipped this month, scroll ahead and shop some of the best buys for January 2021.

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Winter clothing and shoes

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Quilted Utility Puffer Jacket for Women

Price: $40 33% SavingsOld Navy

Original: $59.99

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Navigation Stretch Down Jacket

Price: $139 39% SavingsLululemon

Original: $228

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Izzie Genuine Shearling Lace-Up Boot

Price: $249.95   From: Marc Fisher LTD

Fitness equipment

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6mm Premium Printed Yoga Mat

Price: $23.99 20% SavingsGaiam

Original: $29.99 Valid: 01/06/2021 to 01/10/2021

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Restore 3-in-1 Resistance Cord Kit

Price: $15.99 20% SavingsGaiam

Original: $19.99 Valid: 01/06/2021 to 01/10/2021

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Ab Roller for Abs Workout

Price: $19 32% SavingsMind Reader

Original: $27.99 Valid: 01/06/2021 to 01/10/2021

Bedding

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All Seasons Down Alternative Comforter Solid Color Box Stitch - King

Price: $27.99 34% SavingsSweet Home Collection

Original: $42.99

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Anchal Decorative Pillow

Price: $62.10 9% SavingsBrooklinen

Original: $69

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Down Alternative Mattress Topper

Price: $97.20 9% SavingsBrooklinen

Original: $108

Organization products

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Zimtown Makeup Organizer, 7 Drawers, Clear

Price: $27.58 25% SavingsZimtown

Original: $36.99

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Casafield Set of 6 Collapsible Fabric Cube Storage Bins - 11" Foldable Cloth Baskets for Shelves, Cubby Organizers & More

Price: $19.99   From: Casafield

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Good Grips 10-Piece POP Container Set

Price: $99.99   From: OXO

Fine jewelry

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Audrey Double Row Diamond Stacking Band Ring

Price: $747.50 50% SavingsBony Levy

Original: $1495

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Crystal Half Hoop Earrings in 18k Gold-Plated Sterling Silver, Created for Macy's

Price: $18.93 72% SavingsGiani Bernini

Original: $68

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14K Gold Link Stacking Ring

Price: $245   From: Bony Levy

Holiday decorations

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32" Snowy Dunhill® Fir Bethlehem Star with Battery Operated LED Lights

Price: $34.99 75% SavingsNational Tree Company

Original: $140 Valid: 01/06/2021 to 01/17/2021

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60 Count Shatterproof 4-Finish Christmas Ball Ornaments

Price: $28.99 50% SavingsNorthlight

Original: $58

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Majestic Fir Tree with Clear Lights

Price: $34.99 50% SavingsNational Tree Company

Original: $70 Valid: 01/06/2021 to 01/17/2021