Summer seems to have passed by quickly, and now it seems like parents and their children are already preparing for a new school year.
While the average parent will spend $673.57 per child for items needed, it doesn’t have to be so expensive. There are lots of ways to prepare for back to school on a budget.
Check Your Inventory
First things first, check your inventory. You may find supplies, clothes that your kids can fit into now, and more. As you are going through the supplies you have, keep a running checklist of things you may need or that come to mind. If you have a list of items needed from your child’s school, you can just add on to this list.
Checking your inventory helps you prepare for back to school on a budget by helping you avoid buying extra things you may not even need. Why buy an extra pack of crayons if you already have three?
Set Your Budget
Once you’ve gone through your inventory, the next step is to actually set a budget for your back to school shopping. Every family’s financial situation is different, but you should at least aim to only spend what you have in cash to spend.
If that means only $100 for each child, that’s OK. With these tips, you should be able to prepare for back to school on a budget, even if your budget is smaller.
Shop Sales and Clearance Racks
Now that you have your list and your budget set, you can get to shopping. The easiest way for preparing back to school on a budget is to buy what you can on sale or clearance. Many stores have back to school sales, so make sure you read their flyers or online options before shopping at one place.
If you find deals at multiple stores, don’t be afraid to make a few stops. You are trying to get the best price and stay within budget. If there are items on your list that you can’t find on sale or clearance, there are other options to consider as well, like thrift stores and shopping online. ...continue reading