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Back to school season can be a major stressor for parents under constant pressure to spend. A Coinstar Survey from 2018 found that 70% off people are stressed out about buying school supplies. On average, families spend $687.72 each year—which doesn’t even include the additional costs they’ll pay for extracurriculars and field trips throughout the year.
Students ever-growing needs for new backpacks, more supplies, and the latest clothes—paired with the rising price of supplies—can really overwhelm families. To get the most out of your money this school year, take a look at these tips:
Before you ever step foot into the store, shop your house and see what you have available. One child may be able to reuse leftover supplies from a sibling who already went through that grade, or you might have some other items you’ve collected throughout the years hiding away in the closet.
As far as clothes go, this is a good time to go through each child’s wardrobe and evaluate what they need. Clothes that have been outgrown or are seldom worn can be given to another sibling or traded into a consignment shop for money you can put towards purchasing other supplies.
For every item on the list you’ll likely have two options: the generic and plain version, and an exciting one with a character or cute design on the front. There is a significant price difference between these two. A plain folder might cost 25 cents, but the character folder could be sold for up to a dollar more.
As much as your kids might beg and plead for the cooler looking supplies, don’t buy them. For the price of one decorated item, you could get almost five plain ones. It adds up.
Instead of giving in, you can suggest that they decorate the basic supplies themselves. Getting out the glue and stickers to personalize notebooks can be a fun afternoon craft project.
Packing a lunch for the kids is something you will need to do on a weekly basis. Taking some time before school starts to plan out cheap, nutritious means can be a great time and money saver once the year starts. See where the deals are in the grocery store, and stock up on items you know you will use. Juice boxes on sale? Buy 5 packs. Think ahead and plan past the first week.
While you shouldn’t buy unnecessary items like locker decorations or expensive colored pens, purchasing extras of the things you know will be used constantly throughout the year is a good idea. School supplies are cheapest around this time of year. You may be paying $0.99 per pack of paper, verses $3.00. Long term, it’ll save you money.
Coupons are free money, and they’re everywhere. With minimal work, you can reduce the cost of your purchase. You can find coupons in stores, in magazines, newspapers, and available to print online. Big name brands like Post-its, Crayola, and Kleenex also offer manufacture coupons, which can often be used on items that are already on sale.
For the common school supplies, you could try office supply stores. Places like Staples and Office Max might have even better prices than places like Walmart. Or, you could try the dollar store. They often have good deals on supplies, and when paired with a coupon you can get them almost for free.
If you need any art supplies for school—markers, colored pencils, special paper—check out a craft store. Places like Michaels, Jo-Ann Fabrics, and Hobby Lobby regularly offer discounts, and almost always have coupons available. These could be 25% off your total purchase, or 40% off a single item. Either way, you can get these supplies for so much cheaper if you take advantage of the offers.
For backpacks and clothes, thrift shops can be a perfect place to find deals. Backpacks are often donated, since kids frequently get new ones each year. The things you find could be in almost new condition but have significantly reduced prices.
If you look in the right places, you can find a lot of great deals online. Retailers like Walmart and Target offer discounts just for ordering online and picking up in stores. Or, they could give you a coupon to be used at a later date. Amazon also has some good discounts and offers free shipping on many items.
In addition to saving money, shopping online saves valuable time. The time it saves alone could be worth it for you.