Back to School Expenses

August 05, 2015

With summer winding down, back to school shopping is just around the corner. It seems that each year these expenses can really take an effect on your pocket book. From new school clothes to school supplies, it seems that the costs can add up quickly.

We believe that preparing your kids for the classroom doesn’t have to take such a big bite out of your budget. Here are six ways you can save on back to school shopping:

1. Set a budget. Once you know what you already have, make a list of what you need and determine a budget you can afford.
2. Look for multiple ways to save. Use a coupon app to see if retailers have any specials.
3. Take advantage of student discounts. Retailers such as Apple, Microsoft and Dell offer student only pricing.
4. Buy used or rent. Textbooks are cheaper when used and most can be found online.
5. Swap. Reach out to other parents to see if they have clothes or other items their kids have outgrown.
6. Buy the package. Some schools now offer a back to school shopping package that for a lump sum amount (usually less than the cost and time at the store) and it will include all the items your child needs for school.
The most important thing to remember is to stay within your budget. If you don’t have a budget and would like help in organizing one, please give us a call at 763-231-9510 and we can send you a copy of our Budget Worksheet to get started.

One thought on “Back to School Expenses

  1. This is great advice! I would add, keep those receipts! Minnesota taxpayers may qualify for a credit or deduction for qualified expenditures on school supplies. But you must keep receipts, for a list of what qualifies, visit the MN Dept of Revenue website and search for Education Deduction!

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