The Importance of Back to School Budgeting
Between tuition, essential school supplies, and new clothes for growing kids, the back-to-school season can present a financial squeeze for parents. A helpful method to deal with these new expenses is to list and budget these costs before they hit. Below you’ll find helpful tips for back to school budgeting to make your dollar go farther this season.
If your child is returning to a sport or activity from a previous year, this can be a simple place to start. Recount the costs of previous activities and study any areas where money may be saved. For example, older students may have lightly used items or equipment that they are willing to part with or sell for a fraction of the cost. If there are younger siblings in your family, you already know the drill: it’s hand-me-down time!