As August winds down we prepare to wind up for going back to school. For some, the notion of back to school hasn’t registered, yet for others items like back packs, lunch boxes, binders and wardrobes have already been purchased. Retailers have been busy promoting their back-to-school sales since July, and the messaging has gotten through to consumers.
According to a poll conducted by Pollara for Visa Canada, parents were already thinking about shopping for back-to-school back in July. According to the poll, the average Canadian family will shell out $677 for clothing and gear, including electronics — and 35 percent planned to start shopping during the first two weeks of August.
I remember as a child the disgust I felt for back to school commercials, and it was bad enough seeing them in August, never mind in July! Every year retailers try to cash in on events months before they occur. I wouldn’t be surprised to see Christmas decor in the windows in a month. I digress though…
Many consumers plan to shop online to take advantage of discounts and sales. Whether you prefer this method of shopping or physically going to a store to check out the goods, what is important is to stay within a budget – don’t go into debt. It’s easy to get lured in with deals to spend a certain amount in order to get a particular discount. This may sound good at the time, but if it tips you over your budget, it’s not a good deal.
Here’s another tip – before you hit the mall or your computer, check out your children’s closets to see what they need. Organize a fun fashion show to make it fun for your kids, but ask them to try on their clothes, coats and shoes before you make any purchases. Take into consideration when you will need warmer clothes and how quickly your children are growing. Maybe you won’t need jeans and sweaters until January if your children still fit into last year’s models. Once you can make a proper assessment of what you need, you’re ready for the store – with your budget in mind.
When buying supplies for your child, the same assessment rule applies. Check the condition of your child’s supplies before you spend a penny. My children’s pencil case is still in good shape, so I won’t be buying another one just yet. Keep in mind too, some teachers wait until the first or second week of school to send home a list of must-have supplies. Wait for this list to ensure you child has the brand your teacher uses. You don’t want to have to make any returns!
In the meantime, enjoy the last dog days of summer and the time with your children before they hit the books. If you have any money saving tips for back to school shopping, please share them in the comment box. The more the better!
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