This is a Sponsored post written by me on behalf of Kmart for SocialSpark. All opinions are 100% mine.

With this tough economic times, I know most of us have had to do lots of math and planning for the holidays, one of the best ways to prepare for the holiday season is to put some items on layaway, but not all programs are friendly or as good as they sound on the commercial. Most charge fees to be able to use their layaway program and their time to take them out is simply unrealistic!

Kmart's prepping for the season of giving and to coincide with this time they are launching the “Kmart's Big Layaway Giveaway”. Meaning there is one layaway giveaway per store per week every week from 9/9/12 through 11/17/12*  Now's the time to place those holiday gifts you've been eying on free layaway and also get the chance to win some great prizes at Kmart!

Here is more information from their website:

• Service Fee is $5 for all new layaway contracts.*

• Cancellation Fee is $10 for all new layaway contracts.*

• Down Payment is $15 or 10% (whichever is greater) and is collected when merchandise is put on layaway.*

• 4 Easy Payments of balance due are required after down payment for an 8-week layaway contract.

* NO PURCHASE NECESSARY.  Ends 11/17/12.  For Official Rules, visit a participating Kmart location or www.kmart.com/layawaygiveaway.