The summer is flying by (it’s not just you, we promise), and it’s already time to start thinking about back-to-school shopping. When you’re on a budget, school shopping can be a source of extra stress. But with a few simple tricks, you can save your wallet and set your kids up for a great year of learning.
Make a plan
A good plan is key to keeping school supply expenses in check. Take the supply lists provided by your kids’ school and make a list of what you need for each child. Then, roughly estimate how much each item costs and match it up with how much you’ve budgeted. Be sure to account for recurring expenses and fees, too!
Shop your house
At the end of last school year, your student likely brought home bags full of half-used, perfectly good supplies. Before you head out, shop your own closets and drawers to see what you already have. And if your kids are reluctant to reuse, make it a game – see who can find more things to reuse from the previous year!
Know the difference between “cheap” and “value”
There’s a big difference between these two words – and knowing it can help save you money in the long run. A cheap item may cost less, but you may need to buy a replacement after just a month or two of use. Save the “cheap” items for things like pens and pencils, and don’t be afraid to buy a few higher-quality “value” items that will last longer.
Use the dollar store
The dollar store can be a great place to save on lower-dollar items like pens, pencils, notebook paper, or other supplies that don’t need to be durable. Dollar stores can also be a great place to get brand-name supplies at a discount.
When growing kids need back-to-school clothes, Goodwill, Salvation Army, and secondhand stores are your best friend. Facebook Marketplace and local garage sales are also a great way to save.
Some states will offer a tax-free weekend on clothing and school supplies. Find out when your state’s weekend is, and mark your calendar! If you’re looking to get new clothes for yourself, this can also be a great time to snag some discounts.
Don’t shop every sale at once
It can be tempting to catch up every single deal when back to school season comes around. But trust us – there will be other sales throughout the rest of the year. If you’re hesitant to make a purchase, or the budget is getting tight, don’t worry about spreading out the purchases over a few weeks.
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The start of a new school year can be a great reminder that adults can learn, too! If you’re stuck in debt and need help eliminating financial stress, Strong Tower Consulting can help you:
- Create a plan
- Learn to manage money
- Build wealth
Don’t wait another year for a fresh new start – request your free session today!