AUGUST 2022
Back to School on a Budget
The end of summer is an exciting time for students – new school year, new classes, and, of course, new stuff! Although thrilling for kids, shopping for school can be a stressful time for parents. Follow these budgeting tips for back-to-school spending so this time of year can remain fun for the whole family.
- Take inventory of what you have at home before making a shopping list. This will keep you from buying unnecessary items.
- Create a budget with your kids. Discuss the difference between a “need” and a “want” before you leave the house to go shopping. They may want that $90 pair of gym shoes, but the $40 pair is most likely a better fit with your budget – and will work just as well.
- Watch for garage sales throughout the summer. Items such as winter jackets, backpacks, and lunchboxes are usually easy to find.
- Shop the outlet malls for new clothes. Kids will love the brands, and you will love the prices.
- Never stop looking for deals. Watch for sales during the late fall, after school has started and stores want to clear out inventory, and stock up on school supplies that can be stored for next year.
