The countdown has begun. The kids are going back to their yearly routines and they are going to need an entire list of items. Are there ways to spend less on your kid’s back to school shopping haul? You bet! Saving money on school supplies is easy if you know a few simple tips. Here’s how to get the most out of your academic budget without going overboard.
1. Try tax-free
Plan your back to school shopping haul for when your state offers a tax-free holiday. This year, Floridian residents get a special break during the weekend of August 3–5. Sales tax does not apply to the retail sale of backpacks, children’s clothing, or children’s footwear that is priced under $60. You can save big on your back to school spending since you do not have to pay taxes on those items.
The exemption also applies to the following school supplies with a sales price of $15 or less:
- Calculators, compasses, protractors, and rulers
- Crayons, pencils, and pens
- Cellophane tape, glue, or paste
- Composition books
- Notebooks
- Poster boards
- Scissors
2. Stock up for the entire year
Since retailers know which items parents are likely to buy before the start of the school year, stores typically place those items on sale at that time. You will see things like notebook paper and children’s clothing at their lowest prices during the end of July and the beginning of August. Take advantage by stocking up with an entire year’s worth of necessities during the price drop.
3. Invest in quality
Along the same token, make sure your back to school shopping haul includes items that will last. Sometimes, buying the cheaper uniform shirt will have disadvantages, especially if it only keeps its integrity for a couple of washes. Ensure your child’s clothing is well-made with materials that won’t stretch or fade in color. Typically, you can examine the stitching and texture of a piece of clothing to tell. Making a single investment in a quality item is always better than doing multiple purchases of something inferior.
4. Keep an eye out for incentives
Some stores offer gift cards when you purchase a certain amount of school supplies. Keep your eye out for money saving deals like these when you’re doing your child’s back to school shopping haul. Places like Target and The Children’s Place are well known for their gift card deals.
5. Make a list and stick to it
We’ve talked about impulse buys and let’s face it, our kids can pack on the peer pressure. Resist the urge to purchase unnecessary items because they are the cool summer trend. By the winter, your child may not even like it anymore. Instead, make a list and stick to it. Get your child involved and show them the benefits of selective buying.
For instance, in regards to apparel, go for classic pieces that can be used year round. Teach your child to individualize with accessories such as watches and belts rather than standing out with short-lasting statement prints. You’ll see your dollar stretch further by making smarter acquisitions and your child will learn how to maximize on it, too.
Prepare for your child’s next back to school shopping haul
There are so many ways to prepare for your child’s next back to school shopping haul. To save big, start by purchasing on a tax-free holiday, keeping an eye out for incentives, and sticking to the list. Doing these simple steps while buying school supplies will make a great difference in terms of spending.
Resources:
Avalara, Florida Provides Two Sales Tax Holidays in 2018
Joyfully Thriving, 7 Ways to Save Money on School Supplies
Consumer Reports, How to Save Money on Back to School
The Balance Everyday, 6 Ways to Save Money on School Supplies
