Global View Commentary

Back-to-School Shopping on a Budget: Saving for Back-to-School

As the summer draws to a close, it's time to gear up for another exciting academic year. Back-to-school shopping doesn't have to be a financial burden. In this blog post, Global View Investment Advisors shares expert tips to help you save money while shopping for essential school items.

GV - Back to school finances

 

1. Make a Budget: Creating a budget is the first step to saving money during back-to-school shopping. Take inventory of items you already have, refer to the school supply list, and avoid impulsive buying. Stick to your budget to ensure a cost-effective shopping experience.

2. Check for Sales and Discounts: Maximize your savings by looking for sales, discounts, and student offers. Many retailers, like Target, offer student discounts on items like dorm supplies. Plan ahead to take advantage of online-exclusive deals.

3. Compare Stores: Don't settle for the first store you find. Compare prices to ensure you get the best deals. You can even request price matching from customer representatives to save every penny possible.

4. Shop Thrift Stores: Consider purchasing gently used items from thrift stores. Thrift shopping can be a treasure trove for affordable back-to-school essentials.

5. Take Advantage of Tax-Free Dates: Tax-free days provide significant savings on back-to-school shopping. Be mindful of the items exempt from sales tax and plan your shopping around these dates to save even more.

6. Stick to Needs, Not Wants: Stay focused on purchasing necessary school supplies and clothing. Avoid splurging on trendy or luxury brands. Prioritize the essentials to keep your budget intact.

 

Achieving a budget-friendly and stress-free back-to-school shopping experience is possible with the right strategies. By following these expert tips from Global View Investment Advisors, you can confidently shop for the upcoming academic year while maintaining financial peace of mind. Happy back-to-school shopping!

AJ Johnson

Written by AJ Johnson

As a Paraplanner, AJ assists our advisors in managing client relationships and special financial planning needs, including retirement transition, education, and estate planning.

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