Parents are budgeting $500 or more for back-to-school shopping this year. (Photo: Thinkstock)Many parents are planning to spend $500 or more on back-to-school shopping, a new survey says, with general school supplies and clothes at the top of the list. But budget-shopping experts insist that getting ready for the school year doesn't have to cost quite that much.
Forty-six percent of consumers surveyed by PriceGrabber
in May and June said that they planned to spend more this year than
they did last year. Sixty-three percent said they were budgeting up to
$500 for school-related gear (up from 48 percent last year), while 20
percent said they had between $500 and $1,000 set aside for
back-to-school purchases.
"If you're not budget-savvy I could see feeling like you 'had' to spend that," frugal shopping expert Mir Kamin told Yahoo! Shine in an interview. "You really don't!"
One reason the back-to-school budget seems so high is that part of it is
allocated for electronics. According to the Pricegrabber survey, 40
percent of respondents said they plan to purchase new laptops or tablet
computers for their kids; 28 percent of those high-tech consumers said
they were looking to buy some sort of smartphone, and 10 percent had
their eye on a new desktop computer.
But classic school supplies like pencils and pens, notebooks, and
binders still take up the most room on the must-have list, with 83
percent of those surveyed saying that those items were their main
purchases. Luckily for them, some retailers have already swept away
their summer stock and rolled out the school supplies.
"I always pick up extras of those sorts of things," says Kamin, who writes about bargains on her shopping site, of WantNot.net.
"For one thing, they'll need more halfway through the year (used up or
lost). For another, they're great for Operation Christmas Child
shoeboxes or class donations when the teachers send out a plea."
"The thing to remember is that 'loss leaders' like 10-cent Crayolas and
such are there to bring you into the store and make you feel like that
overpriced comic-character notebook is a deal because you saved so much
on glue and erasers," she adds. "So basically, watch the sales flyers,
grab the cheap stuff when it comes up -- and grab extra, so you don't
need to re-buy halfway through the year -- but don't buy the stuff that
isn't dirt cheap."
And don't think that you have to stick with big-box and office supply
stores, either, she adds. Places like Building 10, Tuesday Morning, Big
Lots, and even your local grocery store also have plenty to offer.
If you prefer to shop online -- according to the PriceGrabber survey, 79
percent said they plan to shop online, up from 69 percent in 2011 -- "Discountschoolsupply.com sometimes has good deals, and even Amazon is worth watching for bulk notebook deals and such," Kamin says.
For things that see daily use, like backpacks and school uniforms,
spending a little more on a high-quality product can pay off in the long
run. "A good-quality backpack will come with a replacement guarantee,
so while I am a huge fan in particular of backpacks from LL Bean and Lands' End,
because they will replace with no questions asked, you can also snag
clearance deals on those if you're willing to shop off-season," Kamin
says. "If it's too late for you to do that, well, at least you know you
won't have to buy another one."
When it comes to uniforms, buying in advance doesn't always work because
kids grow quickly. "If you can't find great prices, just buy what will
get you through the first few weeks of school, because whatever's left
over after the rush will be on clearance in short order," advises Kamin.
Secondhand shops are a great source for school uniforms, as are stores
like TJMaxx and Marshalls, since they often offer a lower prices on last
year's styles. (Yes, uniforms have styles, but no, your kid probably
won't notice.)
Teenagers may be pickier about their clothes, but those who have to wear
uniforms to school can still get a bargain on brand names. "For teens
in uniforms, Aeropostale and American Eagle have good sales, too, and
that meets their 'trendy' needs," Kamin points out.
And remember: Just because an item is on your child's back-to-school
list doesn't mean you have to rush out and buy it brand new. "Give each
child a certain amount of money to be used for school supplies, and tell
her she can keep whatever is left over," Carolyn Erickson writes at Living on the Cheap. "You'd be surprised at how attractive last year's backpack starts to look."
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By Lylah M. Alphonse | Shine from Yahoo! Canada – Fri, 13 Jul, 2012 8:38 AM EDT@YahooShineCA on Twitter, become a fan on Facebook
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