Summer will be over and school will be starting again before we know it. Now’s the time to take advantage of annual back to school specials on supplies. Whether you plan to shop at your favorite retail store or look around your home, BBB recommends sticking to a budget to avoid the common overspending on school supplies.
Many retailers offer back to school deals to entice shoppers. Coupons, deals and giveaways are nice, but make sure you actually need the items first. There’s no need to spend money on new crayons, pencils and notebooks if all it takes is organizing what you already have.
BBB recommends the following when back to school shopping
Take inventory. There’s always that supply of markers, crayons and notebooks around the house. Re-using these items can save hundreds of dollars over the years. Consider re-packaging, sharpening and cleaning out older items before buying new ones.
Look for deals. Some retailer specials are available in-store or online. Also check out your local newspaper. Shop sooner rather than later to get the pieces on sale before they are sold out.
Set a budget. Decide how much you’re willing to spend per child and include a teachable moment for your children on creating that budget. Take an inventory, create a shopping list and stick to it. This should help you avoid costly impulse purchases.
Check refund and exchange policies. Be sure you can exchange or return items during back to school shopping. Keep in mind some items may be non-refundable or have re-stocking fees.
By following these tips, you should be able to get all your back to school needs while maintain financial stability.
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