Back-to-school shopping doesn't have to be expensive; secondhand shopping and teaching kids about money can make costs more affordable
Summer breaks can feel like a pressure cooker for parents. Managing full-time work, keeping the pantry stocked, and entertaining energetic children while engaging them in learning activities can be overwhelming. As summer ends, the pressure surrounding back-to-school shopping builds, particularly with the recent increases in the cost of living, even as inflation cools.
According to NerdWallet’s 2024 back-to-school shopping report, parents of K-12 or college students who plan to do back-to-school shopping this year will spend an average of $541 on school supplies and clothing for their kids’ upcoming school year. Here are a few tips on how to shop for clothes and supplies on a budget. These insights can be valuable even if back-to-school shopping is already underway.
Create a Budget and Stick to It
Before you start shopping, set a clear budget. Determine how much you can afford to spend on school supplies, clothing, and other essentials. Make a list of items your child needs and prioritize them. Having a budget helps you avoid overspending and makes it easier to track your expenses.
Take Inventory of What You Already Have
Go through last year's school supplies, clothes, and other items to see what can be reused. Many items like backpacks, lunchboxes, and stationery can often last more than one year. This can significantly reduce the number of new items you need to purchase.
Separate Needs from Wants for Your Children
Back-to-school supply lists can seem endless, often leading to budget overruns. Make a list of all the supplies, including wants and needs; and compare that to your budget and what you already have. From there, start prioritizing. For example, your child may want both crayons and markers, but do they need both?
Shop Sales, Use Coupons, Price Match, and Attend "Free Supplies" Events
Keep an eye out for back-to-school sales and special promotions. Many stores offer significant discounts on school supplies and clothing during the summer months. Additionally, use coupons and discount codes whenever possible. Websites like RetailMeNot and Honey can help you find the best deals.
Some retailers may also offer price matching policies, where they will match a lower price found at a competitor. This can be a great way to ensure you’re getting the best deal without having to shop at multiple stores. Always check the store’s policy and bring proof of the lower price when you shop.
You can also attend back-to-school events that usually give out free supplies. These events can be found on Google, Eventbrite, Facebook, or local government websites.
Consider Secondhand Clothing for Younger Kids
Clothing can be a major expense when kids are going back to school. Thrift stores, consignment shops, and online marketplaces like eBay and Facebook Marketplace can be great places to find gently used clothing and school supplies at a fraction of the cost. Hand-me-downs from family and friends are also a great way to save money on back-to-school items.
Set a Budget and Negotiate with Older Kids
Teaching your kids about budgeting and smart shopping can be a valuable lesson. Give them a budget for their supplies and let them help make decisions on what to buy. This can help them understand the value of money and make them more mindful of their choices.
The Bottom Line
By implementing these strategies, you can make back-to-school shopping more affordable and less stressful. Planning ahead, being resourceful, and taking advantage of sales and discounts can help you stick to your budget while ensuring your child has everything they need for a successful school year.
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