Get the teacher-approved list
Pay attention to specifics on the list supplied by your child’s teacher. This will prevent you from being forced to later repurchase supplies that fit the teacher’s criteria.
Set a budget and stick to it
Create a realistic budget for your back-to-school shopping and stick to it. Start with a list of essential items and avoid impulse purchases to stay within your financial limits.
Comparison shop
Do your homework to find the best deals as you shop for school supplies, gear, and clothing this season. If you find a lower price at another store, see if the store you’re in will price match.
Take inventory before you go
Check out the inventory of supplies and clothes you already have at home. Avoid duplicating items and save money – it’s a win-win.
Start early and plan ahead
Start shopping early to take advantage of sales and avoid the last-minute rush when prices may be higher or supplies are picked over.
Shop the dollar store
Before hitting the big-box stores and their big-box prices, scour your local dollar store for school supplies that will only cost a buck.
Consider secondhand options or a clothing swap
Organize a clothing swap party with other parents in your area. Choose a time and place, and instruct all attendants to show up with three or more items of gently used children’s clothing. At the party, parents can exchange their kids’ outgrown clothing and go home with incredible finds – all free of charge!
Take advantage of any student discounts
Many retailers offer student discounts on items from clothing to electronics. Check out the sites of your favorite retailers to see what they offer before completing a purchase or ask the clerk when checking out.
Keep an eye on your social media feed
If you are on Instagram or Facebook, follow the verified accounts of your favorite places to shop. They often share details of upcoming deals or sales in their posts.
Leverage cashback and rewards programs
You may want to use credit cards offering cashback or rewards on purchases to get a little extra back from your spending. Make sure to stay within budget so you’ll be ready when payment time comes. MSGCU’s Rewards Visa credit card lets you earn points on qualified expenses redeemable for 1% cash back, name-brand merchandise, or travel. It has no annual fee and can be instantly issued at any of our branch locations.
Category: Finance
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