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Don’t Break the Bank on Back to School!

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I could not believe what I was reading!! This year some parents will spend more than $1,000 to get one child ready for school this year, according to a recent forbes.com article!

Follow these tips to save money on your child’s back to school needs. Spending $1,000 on back to school is not necessary!!

  1. Take Inventory

When you get to the store your kids will run toward everything that is shiny and new, a day or two before the shopping trip take stock of what you already have so you can buy only what you truly need. This is key! You already have so much of what you need right at home!

  1. Set a budget and stick to it

Decide what you are going to spend and that’s it. Look at last year’s spending totals as an indicator of what will be necessary for this year. A good way to stay on track is to use the envelope system, put your cash in the envelope, kids understand cash & will know that once the money is gone, there is no more to spend.

  1. Buy in Bulk

This is a great money move and a time- saver. There are items your kids will need year round, notebooks, pens, pencils, notebook paper so you should really take advantage of sales on these items and even buy in large quantities. Several months down the round there won’t be any last minute dashes to the store for notebook paper.

  1. Use grocery store circulars and go to places like Costco, Target, & Walmart.

Stay away from office supply stores as school and office supplies are their bread and butter and will only be marked down so much, places like Target, Walmart, & Costco will have deeper discounts and you will be able to take advantage of buying in bulk.

  1. Shop online.

You may be tempted to over shop when shopping in a mall when surrounded with so many options and your kids grabbing for everything. If you shop online, you can give your kids a choice of a few retailers with coupon codes and free shipping. Check sites like retailmenot.com & couponshack.com

  1. Check to see whether your state offers a tax-free holiday & plan your shopping around that time to save a little extra.

Take these tips for an affordable way to get the little ones ready for school!

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