Although it seems like summer just started, it’s already time for parents to start budgeting and planning their family’s back to school purchases. One big purchase that comes with going back to school is buying new clothes. Here are a few tips to help you save money.
Does your city or town hold a big consignment sale in September or October? Get online and do some research to see if there is one near you. If not, search for a local consignment shop. You may be able to find a great back to school wardrobe or backpack at a fraction of the cost.
Don’t Buy Everything New
All of the clothing styles your kids are begging you to buy will probably go on sale by mid-October. If you can, wait for clothing to go on sale or clearance or a good store deal. For example, maybe your clothing budget for back to school is $100 for each child. Instead of spending all of it upfront, try splitting it up over the next few months to keep an eye out for better prices. Don’t forget that the holiday season is also a great time to ask for clothes for your kids too.
Coupons and Clearance
Many stores will also allow you to stack coupons on top of sale or clearance items. Some examples of stores that allow this are JCPenney, Target, Old Navy, and Kohl’s.
Hit Up Garage Sales
This is a great time of year to look for a garage sale in your local area. Try to find a yard sale that sells your child’s size. Search Craigslist the day before to screen which garage sales near you will be worth checking out.
Try Saving Money on Uniforms
If your child wears uniforms for school, then you already know they can be costly. It’s hard to find uniforms on clearance because they are usually made just for one particular school. Try getting in contact with parents of children older than yours, to ask them if you could buy their children’s outgrown uniforms. You can also ask the school if they have any uniforms that were donated and available for purchase. If there is not a system in place, think about starting one. Many parents would be thankful for the savings break.
Want to earn cash back on all your back to school purchases this year? Apply for a Visa Signature Credit Card from First Financial! You’ll earn 1% cash back, no restrictions.*
*A First Financial membership is required to obtain a Visa® Signature Credit Card. A $5 deposit in a base savings account is required for credit union membership prior to opening any other account/loan. APR varies from 15.15% to 18% for the Visa Signature Card when you open your account based on your credit worthiness. This APR is for purchases, balance transfers, and cash advances and will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fees. Other fees that apply: Cash advance fee of 1% of advance ($5 minimum and $25 maximum), Late Payment Fee of up to $25, Foreign Transaction Fee of 1% plus foreign exchange rate of transaction amount, $5 Card Replacement Fee, and Returned Payment Fee of up to $25. No late fee will be charged if payment is received within 10 days from the payment due date. Visa Signature Card Cash Back: Your First Financial Visa® Signature Credit Card will earn cash back based on your eligible purchase transactions. The cash back will be applied to your current credit card balance on a quarterly basis and be shown cumulatively on your billing statement. Unless you are participating in a limited time promotional offer, you will earn 1% cash back based upon eligible purchases each quarter.
Article Source: Ashley Eneriz for Moneyning.com