Savvy Shopping for school supplies

0

Aussie families are expected to spend an average of $538 per child on school supplies and uniforms in 2020, representing a $62 or 13% increase on last year, according to YouGov’s Annual Back to School Research Report, commissioned by BIG W.

piggy bank with money in it to help buy school supplies
Aussie families are expected to spend an average of $538 per child on school supplies and uniforms in 2020.

Money-saving expert and author of Kill Bills!, Joel Gibson says there are some simple money solutions to help you save during back to school shopping.

Advance planning: The research shows that early shoppers spend less. Just as you would with any other big-ticket item, do your research, look around and compare brands and prices. You’ll be surprised at the savings that can be made by shopping early.

Fly solo at the shops: Pester power is real! Two-thirds of Aussie parents (65%) say they overspend on school supplies by buying non-essential items thanks to their eager shopping companions. So if you’re keen to save that extra cash, play it safe and leave the kids at home.

Get it online: Purchasing behaviour is changing rapidly with the average proportion of online shopping for back to school increasing by nearly 10% from 2019. It’s a great strategy for those wanting to stick strictly to the essentials on the list. In-store pick-up is another great option to save on delivery costs.

Next year, try ‘before pay’: To minimise the impact on your household budget, write ‘before pay’ on a large jar, stick $10 in it every week this year and by next January, you’ll have $520 and back to school will be a breeze.

Canberra Weekly Real Estate
Canberra Weekly Real Estate