Reported about 2 months ago
As the back-to-school shopping season approaches, the average household is expected to spend around $875 on supplies, the second-highest amount ever recorded. To manage expenses, families are advised to set a budget based on previous expenditures, create a sinking fund for future costs, take inventory of existing supplies, shop early to take advantage of sales, consider secondhand purchases, and buy in bulk with friends. With nearly 70% of families indicating that rising prices are a concern, these strategies can help reduce financial strain while ensuring children are well-prepared for the school year.
Source: YAHOO