Back
to School on a Budget
By Heather
Hales, associate editor
Going
back to school can be exciting as a parent and scary as a
kid. If you are a College Student on your own there are some
tips here for you too! I hope that my advice can help everyone
get back into the school groove in style, confidence and with
a little extra money in thier pockets!
The
Basics
Your
best bet for affordable loose-leaf paper and pens is to stick
with Wal-Mart. Wal-Mart generally has the best prices for back
to school supplies. You
should definitely watch the ads in your Sunday paper, sometimes
Office Depot or Office Max will do a blowout on loose-leaf paper;
but for the most part Wal-Mart is going to be your best bet
for cheap glue, paper, crayons, pens and pencils.
Clothes
Here are
some tips that worked in my family:
My
parents budgeted what they could for new school clothes (which
at the time was $100). This money was to buy all the clothes
I would need for the whole year. My parents explained
this to me, and told me what my budget was. This taught me
to evaluate what I thought I would need for the whole year.
My list usually consisted of a new pair of jeans, a top, a sweater,
shorts and new shoes (I actually recorded in my journal one
year what I bought and for how much!!). I would then study
the weekly ads in our local newspaper so that I could buy what
I wanted at the cheapest price (see, the Deal Diva tendencies
started when I was young!), this way I was able to stretch my
$100.
This is
a really good idea if you have older children, this teaches
them to be responsible with money and to understand the cost
of clothing. When I got a part time job my parents gave me
less money and told me that it was my responsibility to pitch
in some of my own money. If you have younger children, the
concept can still work, only you as the parent get to do the
hard work. Set a budget of what you can spend on each child,
and then make a list of what you think they will need all year
(winter and summer clothes). Remember to check the weekly deals
on the deals link to see what is on sale each week, and then
just watch for the best prices on the items your children need.
Books
This mostly
applies to college students. After five years of college these
are the secrets that I learned.
- General
English books are easy to find at used bookstores (no, not
used at the school bookstore) and sometimes they are even
cheaper new at Borders or Barnes & Nobles than they would
be new or used at the school bookstore
- Are their
people in you ward or your dorm that have your same major?
Check with them on what classes they are taking and if they
would be willing to save their books for you, or sell them
to you at a discounted price. Be sure to offer to trade any
books that you have that they may need.
- Some
Colleges offer “buy back” programs, SELL SELL SELL!!! At
the end of the semester take your books back as soon as the
final is over to get the maximum back for your book. Save
this money for next semester’s books.
- If you
have the time: Comparison Shop, my college town had 3 college
book stores, I would make a list of all the books I needed
and find out where I could get them the cheapest.
- Wait
to buy until after the first day of classes. I cannot tell
you how many “recommended” but not required books I bought
that I never once read! Those books are also usually the
ones that the bookstore won’t buy back at the end of the semester.
- Share;
do you have a roommate who has the same class, same book,
but different professors (this is important so no one fights
over the book before a test). Offer to split the cost of
the book so you can share it for the semester.
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