Tips on Saving Money on Back to School

School is getting ready to start again. That means that it is time to shop for school supplies and school clothes. School shopping really hit your wallet hard if you don’t plan correctly. The following are some tricks for smart shoppers who want to save money while shopping for back-to-school items.

Create a budget

Smart shopping includes smart planning. The first thing you need to do is create a back-to-school budget.  Start by, looking at your income and expenses. Then, decide how much you can afford to spend on school supplies and school clothes. Decide if you will spend most of the school budget on clothes or on supplies? Use the school supply list that your child’s school handed out to help you make important purchase decisions. Once the budget is created be sure to stick to it.  

Do a Quick Check

Before you race off to the stores to grab those school supplies, be sure to check to see what you already have on hand.  Round up those pencils, pens, unused boxes of crayons, and glue.  These can be used for the upcoming year.  Also, check your child’s closet. Clothes that are still wearable and that still looks nice, can be worn this school term. Always, always check your closets and left-over supplies before going shopping. Know what you really need before hitting the stores. 

Compare Prices

Whether you are living frugal or just smart shopping, check prices before you make a purchase. By checking to see what each store has on sale, you will be able to snag the best deal. 

Stock up

Stock up while school supplies are at an all-time low.  Many retailers are offering outrageously low prices on items like pencils, pens, notebook paper, glue, and crayons.  Now is the time to stock up on items that your child will need throughout the coming school year. A pack of pencils and a tablet won’t last all year.  Buy enough to take you through the school term. If you can afford it and have the space, buy enough for next year too.  Remember, school supplies can be donated to your local church, at your child’s school, or given to your child’s teacher as a gift. 

Consignment shops or 

discount stores

Some people may be wary of consignment and secondhand shops, but don’t be.  You can often find good quality clothes at these shops.  Some are even brand-new. 

If you are unprepared, the cost of back-to-school shopping can pack a mean punch. Don’t wait until the last minute. Smart shopping means planning ahead.  Create a budget and stick to it.  Use the tricks listed above and have a more rewarding shopping experience.