The start of the school year is right around the corner and it’s a time to step back into school with new clothes, gear, and school supplies. However, sometimes it becomes very challenging for families to manage their wallet and Back to School Shopping. Most of the families go for back to school shopping without ever conversing about how to spend money on shopping that eventually turns into a big budget buster. To cut your spending in as many ways as possible, start your back-to-school shopping with a proper planning. During this back to school season, pay attention to your buying habits and make a plan to save money. Consider the following tips that will help you to alleviate the financial strain of getting prepared for back to school.
Create a list before you shop
When you make a list, you’re less likely to purchase unnecessary items. As a starting point, get a list of recommended supplies from your child’s school. Many schools post supplies list on their web sites or mail them. To organize items together according to list, sit down with your child and teach him/her about how to manage money, get organized, set priorities, and start saving for items that won’t allowed by your budget.
Determine your budget
After preparing a list for back-to-school shopping, determine your budget to spend for the shopping this year. Along with all your shopping supplies, include sports or club fees into your budget as some high schools take student activities fees. While purchasing for necessary school items, keep a record of your buying and know about how these purchases fit into your general budget.
Reuse items from last year
From your busy schedule, take some time to search those items that already you have. You may discover abundance of school supplies left over from last year if you look at your closets deeply. Create a list of the supplies that you have already on hand and plan to reuse them if they are still in good condition. Remove such items from your shopping list.
Stick to the list
At the start of a new school year, supply list from the school is daunting enough so don't waste your time and money on purchasing unlisted items. Also, hold off from purchasing trendier gear like pencil cases and lunch boxes. Extra supplies will probably go unused and just leave your pockets empty so try to avoid such supplies to remain on your budget.
Shop from sales
Kids love to wear some clothes like short-sleeve polo shirts throughout all year, so take a visit to the big summer sales and grab discounted items that can be dressed well into fall season. Sites such as ebay.com, amazon.com, and bookfinder.com offer huge savings on school supplies. Textbook rental or sharing systems is also offered by some colleges that dramatically decrease costs.
Include your Child in the process
It is essential to educate your child about the importance of balance. Discuss the difference of “wants” and “needs” with your children and explain them how it affects your family’s back-to-school shopping budget. Your child may desire to buy a box of pencils featuring her or his favorite superhero or cartoon character which may cost $3 per package; the pencils are a luxury in comparison to the standard box of pencils which costs only $0.50.
Go to the Supermarket for buying basic supplies
Basic supplies such as pencils, paper, notebooks and glue sticks are frequently sold in bulk at discounted prices. For great deals, check weekly circulars and obtain your weekly grocery shopping at the same time. You can also consider going in with a group of other parents to divide the cost. Purchasing everything from one place will save your time as well as money.
Search for quality used items
When it comes to crafts and arts, the name brand is worth to pay. Crayola markers, crayons, and colored pencils appear to work superior, last longer and provide kids a little prestige in the classroom. On backpacks, clothing items and other supplies, you may be able to discover great deals at consignment stores or garage sales.
Back to School Budgeting Tips From Consolidated Credit video from Youtube:
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