Back to School Shopping on a Budget

February 07 2021 06:30 pm

Back to school means back to spending for millions of families. New clothes, shoes, and supplies can all start to add up very quickly.

Across the nation, it is estimated that $9.54 billion is spent on back to school apparel for students.

Individually, parents are expected to spend $235 on clothing alone.

If you have more than one kid things can add up quickly.

This year, more families are shopping for sales and comparing prices online. Both are good ways to save some cash.

61-percent of families who responded to a National Retail Federation survey say they’ll look in discount stores and closely behind, 60-percent say they’ll browse department stores.

This year, online shopping shot up 10-percent.

But what kind of things should parents and students look for?

Before you even strap the kids in the car, take inventory of what they already have and donate the rest.

Experts say try to find pieces of clothing that will be durable and last longer, even if it means spending a bit more.

Sign up for rewards programs at the stores you shop at most frequently, they’re usually free and help you earn coupons and cash back.

If you have a group of friends with different ages and sizes, arrange a clothing swap, which can help you stock up on some gently-used clothes for free.

Don’t discount consignment or thrift stores. Many offer name-brand apparel at far better prices than department stores.

If you can hold off on shopping for a little while, it may be worth the wait. After the back-to-school rush many stores will slash prices.

Finally, Forbes says you can even make back-to-school shopping into a lesson for your kids by teaching them how to save money and shop on a budget.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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