Money Saving Tips for Back to School Time

by Amie Carroll on August 15, 2010

Summer is a great time of year.  Hot weather.  Backyard BBQ’s.  The beach.  Who wants to think about going back to school? 

Since we all know that back to school can mean a major dent in your bank account, my response is that it is always a good time to be saving money.

Here are some helpful tips to help you keep more money in your wallet this fall:

1. Shop at home

Before heading to the stores and overspending on items you might not need, take an inventory of what you already have and could make use of this school year. You might find that you have almost everything your child needs already.

2. Don’t buy everything all at once

Often times the lists of supplies that schools hand out contain unnecessary items.   Save your money by purchasing supplies your children absolutely need, and hold off on purchasing other items until they are required.

This is especially helpful for college students and text books.  Books are often listed as required, but helpful instructors will provide course notes or help save students money by not making all textbooks mandatory.  

3. Check out deals online

By searching online for deals at local stores, you may come across some great bargains. It is also quite common for retailers to price mach their competition. This helps make you life far more convenient as you can most likely get all your shopping done at one location, while getting the same deals.

4. Buy used

Most, if not all communities have thrift stores that have next to new clothing that can help outfit your children for less. These clothes are gently used, and you may even find brand new items at half the cost.

Purchasing used books will also cut costs. Many universities and colleges have used book stores that offer discounted texts. Checking out websites like Amazon and Chapters for used books is worthwhile too!

Looking for more financial advice?  Check out other great money saving tips and personal budgeting tools.

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