The #1 money saving tip - plan a back to school budget!
We established that back-to-school season is hard on everybody. Now, a question remains - how to deal with the pressure it creates? We propose that you do something that will help you save money on the shopping and, at the same time, reduce the related stress by heaps.
What you need to do is to set up a budget! We believe that with the help of our calculator, you will be able to plan your spendings as precisely as possible, saving you a lot of time and granting you a little peace of mind in this tiring period.
How to successfully plan your budget:
- Get a supply list: Check your child's school website or teacher's list first. Avoid buying unnecessary items.
- Divide items into categories: Clothing, Electronics, Shoes, Supplies, etc. This helps organize your shopping trip.
- Check prices online: Browse online stores to get an idea of costs before heading to physical stores. Compare prices to find the best deals.
- Plan your shopping day: Decide which stores to visit and stick to a route and time limit to avoid impulsive purchases.
How to use the back to school calculator?
We want to make sure that your back-school-shopping is as stress-free as possible. Typically, you should:
- Start by setting a Total Budget Goal. This is your limit.
- Add items to your Shopping List. Include the name, category (e.g., Supplies, Clothing), and price.
- Click Calculate Budget to see your total spent and how much you have remaining.
- Use the Chart to visualize where your money is going (e.g., mostly on Electronics or mostly on Clothing).
Note: It's often recommended to add a 10% buffer to your budget for unexpected expenses.