Posted On: August 7, 2019 by Exchange Bank of Northeast Missouri in: Budgeting Save Money Savings
Whether you are taking your little ones for their very first school supplies shopping trip or perhaps gathering items you need as you continue your education this fall, there’s no need to empty your wallet. Here are some great ways to save money on school supplies, while still getting everything that’s on the list!
1. Ask a Friend
If you have a friend who has taken that class before or whose child has had the same teacher, it’s time to give them a call. Ask them what supplies were truly needed and what items you can do without. Sometimes lists have a lot of excess supplies, so be sure everything you purchase will get used!
2. Skip the Extras
Think carefully about the list. Does it seem like there are unnecessary items? For example, if the list says to buy pencils, there likely isn’t a reason to buy separate rubber erasers. You may be doubling up on supplies if you don’t examine the list carefully before buying.
3. Scour Your Home
You know that junk drawer you’ve been wanting to clean out for some time? Now is your chance! There may be items like pens and pencils lying around the house already.
4. Online Shop, But Don’t Buy
One trick to online shopping is placing items in your shopping cart, but not purchasing. Leave those items there and often you will be offered a coupon to convince you to complete the purchase. A penny saved is a penny earned!
5. Stock Up
There are often many back-to-school sales that won’t come around again throughout the year. If there are supplies like glue sticks or folders you are sure will need replaced at some point this school year, go ahead and buy extra at the lower cost. This will save you money during the year and if you don’t end up using it this term, you’ll have part of your shopping already finished for next year.
6. Know the Stores
Social media can be your best friend when it comes to back-to-school shopping. Either sign up for email sales alerts or ‘like’ your favorite retailer’s Facebook pages. This will keep you updated on the latest school sales and which stores have the best deals on each item.
7. Don’t Be Fooled
Often, places like dollar stores or general retailers will make items seem significantly cheaper by decreasing the size of the item. They may have folders listed for 50 cents, but you could get a pack of three folders for a dollar. Be sure to calculate the cost per unit to verify if this “deal” truly is a deal.
8. Consider Alternatives
Not all items need to be purchased new. You’d be surprised at what you can find at garage sales and consignment shops. Many people have too many school supplies already lying around their house. They are ready to get rid of them and sell them for a fraction of the price.
If you’re looking to save on more than school supplies, we offer a variety of accounts to help you do so!
Exchange Bank of Northeast Missouri
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