
Finances – Back to School
If you have a child that is headed back to school this month, then you are probably already thinking about school supplies. Now that many schools have reduced their spending, it means that you will be faced with having to purchase more school supplies as well as having to pay out of pocket for extracurricular activities.
If you have a child that is headed back to school this month, then you are probably already thinking about school supplies. Now that many schools have reduced their spending, it means that you will be faced with having to purchase more school supplies as well as having to pay out of pocket for extracurricular activities.
For many parents, this can place a strain on the household budget (especially if your child considers that new mp3 player a school supply). Not only can you save money by starting your school shopping early so you can give yourself time to find the best bargains, but you can also involve your child in the shopping process.
By allocating a budget and involving your child in the shopping process, you can teach them a valuable lesson in handling money. Together, you can make a list of everything that’s needed for the new school year and shop together to obtain all of the items without going over budget.