Study Up to Save Money This School Year
The beginning of the school year is an exciting time for students, but for parents and guardians, it can be an expensive one. While we want the best for our children, we don’t always have the financial resources available to keep up with the ever-lengthening school supplies lists, the latest clothing trends and other related back-to-school must-buys.
At Common Trust Federal Credit Union, we are committed to standing with you through this often financially challenging time of the year. In addition to offering an array of special, limited-time promotions, we are also sharing our best financial advice. Study up on these budgeting tips and tricks that will help you save money from the beginning of the school year through the end.
The Smarter Way to Shop for School Supplies
Prepping for the new school year is the most challenging, financially. Here are some tips that will help save you money with back-to-school shopping (Already done? Keep these tips on file for next year):
- Take inventory of what you already have to determine what you really need to buy.
- Check for online sales and coupons before hitting the store.
- Don’t one-stop-shop.
- Shop the dollar store for basics like pens, pencils and notebooks.
- Check Costco for large packets of loose-leaf paper, so it can be used for more than one student.
- Search sites like Chegg.com, Bookfinder.com or even Amazon.com for second-hand copies of textbooks.
Also, don’t be afraid to shop (way, way) ahead for the back-to-school season. Although there are school supplies sales that start right before the school season, they’re not always the best ones. Starting earlier (or later) can help you find deals throughout the season. If you want to stay ahead with your finances, consider including school supplies in your monthly budget for mid-year sales and extra expenses that come up throughout the year.
Save By Packing Lunches
School lunch programs are often expensive. Plus, it’s always questionable if your kids will like the lunch options being served. Make your kids lunch from home, it will be more economical and more than likely, healthier. Here are some ideas:
- Peanut butter sandwiches and even deli meat sandwiches can be made ahead of time. Add mayonnaise, mustard or other condiments on the day of, so they don’t get soggy (or put cheese next to the bread to act as a barrier).
- Put together sandwiches for the whole week—and even freeze PB&J for up to a month!
- Buy and repackage snacks and sides into lunch portions—carrot sticks, chips, crackers and other foods are easy to grab and go.
- Buy fruit cups, dried fruit or easy-to-peel clementines.
- Cheese sticks hold up really well in lunches (even without refrigeration).
Financial Advice You Can Trust
At Common Trust, we are a community-based, member-owned financial institution providing friendly and personalized banking services you can trust. We are here to help guide you toward a more financially secure future. Reach out to our team today!