Tips for back-to-school savings
As the school year begins, the pressures of high school begins to pile on. With rising prices for supplies like notebooks, pens, and backpacks, it's essential to strike a balance between spending affordably and avoiding overspending. Here are some expert tips to help you save effectively as the school year starts.
### 1. Budget Early and Often
- Avoid On-the-Go Shopping: Prioritize buying supplies in advance. Many online retailers offer bulk pricing, especially when purchasing multiple items at once.
- Track Expenses: Use a spreadsheet or app to track your budget. This will help you stay organized and avoid overspending.
### 2. Choose What You Need First
- Avoid Random Purchases: Instead of buying random items during the year, focus on what your student needs for each subject.
- Keep Supplies in Hand: Bring necessary supplies to class so they're ready when needed. This way, you won't run out unexpectedly.
### 3. Start the Year Strong
- Focus on Essentials: Prioritize buying things that every student will need throughout the year, like notebooks and stationery.
- Avoid Plastic Items: Be cautious about plastic products, as they often have higher costs and can add to expenses over time.
### 4. Leverage Online Shopping
- Look for Bulk Pricing: Many online retailers offer deals that work when you buy multiple items at once. These can save money significantly.
- Compare with Store Prices: When shopping online, compare prices with store prices to find the best value.
### 5. Use Discounts and Coupons
- Sign Up for Sales: Regularly check for sales or discounts on supply stores and online.
- Apply Coupons: Use coupons from the teacher or school office for a final savings boost before checkout.
### 6. Look for Deals Online
- Search for Bulk Order Discounts: Some websites offer deals when you buy multiple items at once, which can save money.
- Use Promotions: Take advantage of online promotions that are often available for back-to-school purchases.
### 7. Save Online and Print as Needed
- Track Expenses Online: Use a budgeting app to track all expenses. This helps you make informed decisions about where to spend your money.
- Print Receipts: Keep receipts printed for easy reference when planning the next school year.
### 8. Keep Track of Your Spending
- Budget Tracking Tools: Use tools like spreadsheets or apps that allow you to create and track a budget over time.
- Monitor Expenseroot: Set up an expenseroot tool (like Expenseroot) to monitor spending on school supplies.
### 9. Don’t Compare Prices Too Much
- Avoid Overbuying in Bulk: Comparing prices between stores can lead to overbuying, especially with the rise in supply costs.
- Focus on Value: Prioritize the lowest price per item and avoid unnecessary purchases.
Sponsored by AT&T Business:
AT&T Business is proud to be a sponsor of "CBS News Mornings," where Tiffany Aliche shares her expertise as a personal finance expert. Her insights into back-to-school savings can help you manage your budget effectively and ensure that you're spending wisely, knowing you're making informed choices.
Call to Action: Start saving now! With the prices rising, make this year’s school experience one of value and affordability.
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