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shadowskip.top » Finance » 5 tips to save money on back-to-school shopping — this weekend and beyond
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5 tips to save money on back-to-school shopping — this weekend and beyond

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5 tips to save money on back-to-school shopping — this weekend and beyond

Savvy Strategies to Conquer Back-to-School Shopping on a Budget

As the summer sun sets, families across the nation brace themselves for the annual back-to-school shopping frenzy. With the National Retail Federation projecting an average spend of 5 per household, the financial burden can feel overwhelming, especially in the face of persistent inflation. However, with a little planning and resourcefulness, families can navigate this season with confidence and ease.

Unlock Savings with Savvy Shopping Tactics

Capitalize on Tax-Free Weekends

Seventeen states offer sales tax holidays during the back-to-school season, providing a golden opportunity for families to stretch their budgets. From Iowa to West Virginia, these tax-free weekends allow shoppers to save an impressive 7-9% on essential items like school supplies, clothing, and electronics. Savvy consumers should mark their calendars and plan their purchases accordingly to maximize these limited-time savings.

Spread Out Your Shopping for Maximum Savings

Resist the temptation to tackle your entire shopping list in one fell swoop. Instead, experts recommend a more strategic approach, spreading out your purchases over several weeks. This allows you to take advantage of the various promotions and sales that come and go throughout the back-to-school season. Focus on securing the essentials for the first few weeks of school, then fill in the gaps with later sales and discounts.

Leverage Research and Loyalty Programs

Doing your homework before hitting the stores can uncover a wealth of savings opportunities. Signing up for loyalty programs, scouring social media, and familiarizing yourself with typical item prices can help you identify the best deals. Many retailers, such as Apple, offer exclusive student discounts, but you'll need to provide a valid school email address to access them.

Maximize Price Matching and Retroactive Refunds

Savvy shoppers should take advantage of price matching policies, which allow you to secure the lowest price, even if it's found at a competitor's store. But the savings don't stop there – many retailers, including Target, will also refund the difference if an item you've purchased goes on sale within a certain timeframe after your purchase.

Embrace the Power of Bulk Buying

Purchasing in bulk, often at wholesale clubs like Costco or Sam's Club, can yield significant savings on a per-unit basis. This strategy works particularly well for non-perishable school supplies that can be used throughout the year or saved for the next. Consider teaming up with another family to split the cost of a membership and the bulk items, further amplifying the savings.By leveraging these five strategic approaches, families can conquer the back-to-school shopping season with confidence, ensuring their children are equipped for academic success without breaking the bank.

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