With less than two weeks away, here are a few tips that should help to cut cost and make the back to school transition run smoothly.
According to the National Retail Federation’s annual survey, Parents will spend almost $670 to get one child ready for school this upcoming school year. If you have a family with multiple children, this can add up very quickly! Here’s some tips for you:
1. Take Inventory. Take the next day or two to look through all of the clothes in your kids’ drawers and closets to see what fits or what can be used again. Why waste money on additional clothing and/or shoes that your kids don’t really need.
2. Have a “swap party”. Talk with a few of your friends in your circle that may have kids that wear the same size or a size bigger than your kids. What was once old to one, is new to another!
3. Make a list, check it twice. Decide their “wants’ vs their actual “needs” for the start of the school year. Review the schools’ supply list, dress code and transportation/afterschool expenses in advance. Failing to plan is planning to fail.
4. Create a budget and stick to it by paying with cash. It’s easy to overspend when you have access to your credit and debit cards. When you set a pre-spending limit, pull out the cash, place in an envelope and take to the store with you, when the money is gone, the spending stops.
5. Shop for local and online back to school savings. Tax Free Days in Florida is from Aug. 7-16. Check out the newspaper and store ad for mega sales. All stores are trying to solicit your business right row so watch and spend wisely. Compare products and prices online to find the best deals quickly. This is another way to cut down on driving from one store to the next. Many online shopping sites offer free shipping to maximize savings, too.
With the kids heading back to school, that alone can be stressful. Don’t allow your pockets to suffer by not planning wisely. Failing to plan is planning to fail! You still have time! It’s your money, be wise, MAKE IT COUNT!
We want to hear from YOU! What have you done to make this back to school shopping season successful?