Going Back to School Shouldn’t Break Your Budget
School is back in session! Heading back to class to means schools supplies, clothes, and for older students, technology. Even if you waited until the last minute, there are still opportunities to save big.
The team at Broussard Poché, LLP has some back to school planning tips for that will help you keep an eye on the bottom line.
- SET A BUDGET
Start by taking a look at last year’s receipts. Taking a look at what you spent last year will give you a better idea of what to set aside this year. If you didn’t hold on to those receipts, check your bank statements.
- REFURBISHED TECHNOLOGY
If you have to make a large purchase, like a laptop or smart pad, consider refurbished and look for the sales. Many retailers have special technology sales for back to school! Amazon and eBay are also great places to find quality refurbished laptops.
Buying new supplies can be fun for the students, but you may not have to start from scratch every year. Go through last year’s supplies and see what can be reused. Usually, backpacks, binders, and electronics are a good place to start.
- SHOP FOR DEALS
Take some time to compare prices. Also, keep an eye out for rebates and coupons. Online shopping may be most convenient, but brick and mortar stores often offer deeper deals.
- CONSIDER TRADES
Talk to other parents, consider trading uniforms and even some school supplies. It’s a great way to save money and help each other declutter.
- EMBRACE TECHNOLOGY
Consider using apps and online shopping. Amazon and eBay offer free and fast shipping and Facebook hosts local marketplaces tailored to your area. Be on the lookout for the supplies you need, they may just be a neighborhood away.
- SCHOOL DISTRICT DEALS
Some school districts offer deals if you buy the school supplies through them. Be sure to ask your child school if they offer any programs.
Don’t forget to get your child involved as much as possible. Teach them to stick to the budget and they will learn the value of how budgeting helps save money.