{"id":359,"date":"2022-08-17T19:34:38","date_gmt":"2022-08-17T19:34:38","guid":{"rendered":"https:\/\/financialresourcehelper.com\/?p=359"},"modified":"2022-08-17T19:34:38","modified_gmt":"2022-08-17T19:34:38","slug":"back-to-school-budgeting-101","status":"publish","type":"post","link":"https:\/\/www.financialresourcehelper.com\/index.php\/2022\/08\/17\/back-to-school-budgeting-101\/","title":{"rendered":"Back To School Budgeting 101"},"content":{"rendered":"\n<p>Written by: Financial Resource Helper Staff Writer<\/p>\n\n\n\n<p>Who can believe it\u2019s that time of year again?\u00a0 Summer is coming to a close, and kids are headed back to school.\u00a0 Americans everywhere have been getting pinched in the pocketbook as inflation hits forty year highs, and carting around kids to summer activities was more expensive than in previous years due to high gas prices.\u00a0 Sending kids back to school can be stressful in itself, so here are some tips for you to maintain a budget:<\/p>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Take Stock Of What Your Kids Need<\/strong><\/p>\n\n\n\n<p>Pencils? Binders? Lunch Box?\u00a0 It helps to take inventory of what your kids already have from last year, and what is going to be needed for the upcoming year.\u00a0 Your child\u2019s school may have informed you about what will be needed when schools starts.\u00a0 Make a thorough list of items that your children need when school starts.\u00a0 After you have your list, double check to insure that these are in fact needed items and not things that you may already have handy, or that your children may be able to do without.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Set a Budget And Stick To It<\/strong><\/p>\n\n\n\n<p>Determine what you can afford to devote to back to school supplies, and be dutiful about sticking to that budget.\u00a0 One tool many smart shoppers use is online shopping\u2026you can fill your electronic cart with the items that you need, and be sure that you have everything, or most everything you need, without breaking your budget.\u00a0 This allows for less impulse buying than a visit to the store may result in, especially if you have your children in tow.\u00a0 Furthermore, you may be able to save a couple dollars on gas if your purchase qualifies for free shipping.\u00a0 \u00a0<\/p>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Shop Wisely<\/strong><\/p>\n\n\n\n<p>Particularly for back to school supplies, discount and dollar stores can be great places to stock up at low costs for the items that are needed.\u00a0 If your children are in need of apparel or other items, be sure and check out your local Goodwill and even Facebook Marketplace for gently used apparel, backpacks, lunch boxes, and more.\u00a0 If you are active on social media, some neighborhoods and cities also have groups to allow parents to trade and pick up needed items at no cost.\u00a0 Many families have children that outgrow items, or no longer have needs for certain items that may have been used for school, and they recycle these items through social media groups in an effort to help those in their community.\u00a0<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Set a Financial Savings Example For Your Kids<\/strong><\/p>\n\n\n\n<p>Plan, plan, and plan, and set an example.&nbsp; The back to school shopping season can be a great time to teach your kids about being financially wise.&nbsp; Sharing the concepts of budgeting, planning, price comparison shopping, and more can be lifelong lessons for children.&nbsp; Include your kids in parts of the process, but you do not feel obligated to share some of the minute details (how much you can afford, etc).&nbsp; It\u2019s never too early to begin teaching children about the value of currency, how to find great deals, and concepts such as planning and preparation.&nbsp; These are skills that they can then carry forward into their adult lives, and it can certainly be an opportunity to bring a family together and learn in a process.&nbsp; Happy Savings!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Written by: Financial Resource Helper Staff Writer Who can believe it\u2019s that time of year again?\u00a0 Summer is coming to a close, and kids are headed back to school.\u00a0 Americans everywhere have been getting pinched in the pocketbook as inflation&hellip; 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