Back-to-school shopping season is in full swing, but did you know that families are expected to spend nearly $40 billion on school supplies this year? As the second most expensive back-to-school season ever, it’s important to be mindful of your spending during this busy time.
At Extreme Investor Network, we understand the challenges that come with back-to-school shopping. That’s why we’re here to provide you with expert tips and tricks to help you navigate this expensive time of year while still getting everything you need for the academic year.
One key tip is to start your shopping early to take advantage of the best deals. According to a survey by Deloitte, starting early offers the best opportunities to find great deals, especially when household finances are tight. However, be cautious of impulse buys and stick to your budget to avoid overspending.
Additionally, be on the lookout for must-have items of the back-to-school season. Social media trend expert, Casey Lewis, notes that trends like low-rise jeans, Adidas Campus sneakers, and Jester backpacks are flying off the shelves this year. While it’s tempting to splurge on these items, it’s important to prioritize your needs over wants to stay within budget.
To help you keep your back-to-school spending in check, our consumer savings expert, Andrea Woroch, recommends shopping for gently used items, utilizing price-tracking tools, and taking advantage of sales tax holidays. By shopping smart and being strategic with your purchases, you can save money and still get everything you need for the school year.
At Extreme Investor Network, we’re here to help you make the most of your money during the back-to-school season. Stay tuned for more expert tips and advice to help you navigate the world of personal finance. Subscribe to our newsletter for the latest updates and exclusive content to help you achieve financial success.