Get good buys on gadgets

Prices have dropped on TVs, digital cameras, computers, and other types of consumer electronics. Even with the recent demise of Circuit City, there is no shortage of places to buy electronics—big box stores such as Walmart and Target, electronics chains such as Best Buy and P.C. Richard & Son, warehouse clubs Costco and BJ's, and online retailers including Amazon, Crutchfield.com, JR.com, BuyDig.com, Newegg.com, and others. Web-based electronics retailers were among the highest rated in Consumer Reports' most recent reader survey.

You can check out items in stores, then compare prices online to get the best deal. If you're buying online, look for free-shipping deals. Here are other ways to save:

Say no to extended warranties

They're almost always a waste of money because there's little likelihood you'll use them. If you buy with certain credit cards, including American Express or some gold and platinum cards from other companies, you can double the manufacturer's warranty at no cost.

Watch for pricey add-ons

Retailers might push high-priced accessories, such as premium video cables for a TV or ultra-high memory cards for a simple digital camera. They can cost twice as much as the standard items without much performance benefit.

Consider "pre-owned" items

You can save 30 percent or more by buying a refurbished item—a product that has been returned and restored to good-as-new condition by the manufacturer—or an open-box item, which is a return that the retailer confirms is in working order and resells. To minimize risks, buy from a retailer you trust, and make sure you can return it if you're not satisfied.