When I was a kid, purchasing school supplies meant getting a new notebook, a couple of pencils and pens, and a back pack. Today, you get a huge list of supplies the school expects you to buy for each child a few weeks before school begins. Have several kids, and it can be rather expensive. Here are a few ways that I’ve come up with to save money on buying school supplies.
Since the schools are now demanding everything from pencils to tissues, stuff comes home at the end of every year. Although they want new crayons, pencils, and notebooks when the school year begins again, you can reduce your purchases by putting away scissors, pens, markers, and highlighters when they are returned in the summer. Calculators can be passed from child to child or reused too, so don’t throw them away.
You also want to compile a complete list of all requested supplies. Then combine things. One teacher wants two dozen pencils and the other wants a dozen, you may be able to find larger packages of materials for less. Unless they specifically say not to purchase a particular brand, you can usually get away with picking generics. Recycle binders each year. Know exactly what you need before you head out the door. You can split up large packages when you get home.
Getting the best prices involves checking circulars and going to several stores. One store may have notebooks for a penny, while another will have a box of crayons for a dime. Compare prices in circulars or online before you go to the store. Set up your shopping list so you know what to purchase at each store and plan your trip logically.
Go It Alone
Don’t take your kids with you when you shop. It is much easier to hand out those ten cent WalMart notebooks to everyone when you return than to argue in the aisles with a child who wants the fancy Barbie or Transformers notebooks that cost ten times as much. You won’t be tempted to purchase more expensive supplies for their “cool” factor, and without a child to argue with the whole process is faster.
Shop Early or Late
Stores are trying to get you in as soon as possible to purchase those supplies. You can find some really good prices on loss leaders a month before school starts. The same is true if you wait a couple of weeks after the school year starts. Stores are eager to sell off whatever remains on their shelves and you can get some pretty good bargains. Keep extras around for stocking stuffers and refills later in the year.
Spend a Little More, Save a Lot
Now, I know that backpacks change each year and you can easily spend $15-30 for a pack every fall. The cheap backpacks don’t last and often need replacing before the school year is even over. This is one of those places where you should spend a bit more and get something classic. A high quality backpack like a Jansport or LLBean may cost $40, but they will last for several years; I’ve had a Jansport for more than 20 years without any rips or holes.
While we all need to get school supplies for our kids these days, there is no reason to break the bank in the process. Shop around, invest in quality where it is worth while and remember, they will graduate at some point so try not to be too stressed out over this.
This is part of the How to Save Money on Everything ebook that I’m putting together. It’s filled with tips on saving money like the article you see here and it’s free when you subscribe to the free frugal newsletter.