While I know it might seem early, it is August next week. Time flies and it will be September and back-to-school time before you know it!
Over the last 2 years, the average cost of back-to-school supplies has increased by a total of 24%! The National Retail Federation reports that over 50% of consumers already have a head start on back-to-school supply shopping, even at this early date. They predict that parents expect to spend 10% less this year for a total of almost $600 per child.
For “Financial Wave” readers that number is too high! So take a look at these 9 “Back to School” tips before spending the big money;
Go to www.GoodMorningAmerica.com website for their 50% off discounts. For the more expensive designer clothing (when kids do the please Mom/Dad all my friends are wearing the “IT” new style) I recommend waiting until after school starts. This way you/your children can see specifically what is “IN” for the fall of 2023 and perhaps time the Labor Day sale season accordingly.
For the “Financial Wave,” super savvy shopper who shops off-season and is done with back-to-school, Crate and Barrel is running a Christmas sale offering 50%-67% off for Christmas-based items. As they say with Lotto, “Hey, you never know!”