Have your children gone back to school yet? If so, you may already be feeling the pinch! It’s estimated that parents spend an average of £240 each year per child to cover the cost of school uniforms, books, and supplies – and this doesn’t include the ongoing cost once school is in session. Here are 10 quick and easy tips to save a bit of money on school supplies this term.
1. Inventory what you have
The first order of business should be to see what you already have just lying about the house. Check old desk drawers, closets, and the attic to uncover supplies that are still perfectly good, even if they’re not in the original packaging. You can do the same with school clothing! This could slash your list in half straight away.
2. Set a budget in advance
You’re less likely to overspend on books and supplies if you try to stick to an advance budget. Do you need help learning how to create a household budget? Financial planning courses from training.com.au can give you some useful strategies. Make a list and stick to it!
3. Visit the Pound Shop
Don’t knock the likes of Poundland – they carry great deals on perfectly adequate supplies. Why spend more when you don’t need to?
4. Compare deals online
Look at retailers for online sales and discounts, and compare prices using tools like MySupermarket. Amazon also has good deals on school and office supplies, and they’ll deliver straight to your door as an added bonus.
5. Look for coupons
As you shop around online to compare prices, you should also be looking for coupons that could lower prices even further. Look at coupon sites like RetailMeNot for coupon codes that you can use in person and online.
6. Buy supplies in bulk
Bulk discounts can save you a bundle. Don’t want to commit to 20 notebooks or 10 boxes of crayons just yet? Team up with other mums to share the wealth, so that you can all reap the discounts.
7. Use social media for discounts
Many retailers use Facebook and Twitter to broadcast flash sales or special online-only discounts for their followers. It’s worth friending major retailers during the back-to-school season to take advantage of these, and you can always defriend them later.
8. Splurge on higher quality for certain supplies
Does your child need a fancy calculator or electronic gadget like a laptop? Although it may be tempting to cut corners and buy the cheapest model, for purchases like this it’s better to choose a high quality product that could last for several years. You’ll save money on the long run versus a cheap product that breaks halfway through the year.
9. Avoid last minute shopping
It’s easier said than done, but if you can plan a head a bit you’ll have a wider selection of products to choose from. At the last minute you’ll be stressed out and won’t have as much time to shop around for better deals.
10. Plan ahead for next year
The peak times to buy back to school supplies are right before each school term. If you can plan ahead a little and buy just after the term starts for next year, you’ll be able to take advantage of some major discounts – up to 75% off the usual prices!
Disclosure: This is a collaborative post