It’s hard to believe there is an upside to our current volatile economic climate. But, in fact, this is a great time to take advantage of great deals on houses, cars, and other items. Economists see our market turning as soon as 2010. They also suggest not waiting to buy something you need-bargains are out there. Below is a list of things to buy before the economy improves.

Big spenders

Buy a house: prices are down, interest rates are dipping, and a bill passed by Congress includes a credit for first-time home buyers.

Buy a car: prices are low, financing is agreeable, and rebates are aplenty due to excess inventory.

Buy diamonds: the price of diamonds have dropped significantly making it an ideal time to purchase a sparkler.

Consumer goods

Buy a TV: larger flat-panel TVs are more affordable than ever.

Buy furniture: demand has considerably decreased and resulted in excess inventory, lower prices, and great deals.

Buy clothes: since consumers are being cautious of their spending habits, clothing retailers are cutting prices to reduce inventory-the perfect time to buy the expensive suit you’ve been eyeing.