"Proper planning and early shopping are the best ways to survive the back-to-school shopping season."
Back-to-school - this twelve letter word is enough to make kids shudder with fear since their fun ride is finally over. It's time to wake up early in the morning, have a quick breakfast, pack school bags and then head to school. But more than kids, it's a stressful time for parents - psychologically and financially since they have to do all the prep-work with a smile on their face.
Undoubtedly, the biggest stress factor for parents in the July-August season is back-to-school shopping. And why wouldn't that be? Back-to-school shopping can make a family spend extra hundreds or thousands of dollars on kids' overall education. And, this is not a trivial matter.
So how much are parents going to spend on back-to-school shopping this year? Will they spend more or less? And how can they save a little on their kids' education needs? Find out right now.
As per the National Retail Federation, shoppers are likely to spend $674 on each child in this back-to-school shopping season, up from $630 previous year. Parents are expected to spend an average amount of $108 on school supplies. But, if we add clothes and shoes too, then the expenses would add up to $363 on an average. Around $204 will be spent on back-to-school electronics.
Nearly 50% of parents are scared that they won’t be able to buy everything given in the school list. This is what came across from an online survey conducted by Ebates. Undoubtedly, it’s not a shocking revelation for a website that promotes cashback coupons to find that parents are worried about having enough money to buy back-to-school supplies.
Most parents spend anything between $50 and 250 on every child on clothes. And, 7 in 10 parents spend around $100 on kids’ shoes and 50% parents spend $50 on school supplies.
15% Parents spend under $50
41% Parents spend between $51 and $150
29% Parents spend between $151 and $250
15% Parents spend $251 and over this amount
37% Parents spend under $50
35% Parents spend between $51 and $100
27% Parents spend $101 or above this figure
52% Parents spend under $50
28% Parents spend between $51 and $100
20% Parents spend around $101 or above this figure
Back-to-school shopping - 52%
Waking up kids and sending them to school - 51%
Hiring a good teacher - 43%
Getting the homework done - 33%
Bedtime - 30%
(This survey has been conducted by zulily.com over more than 6000 parents).
Read more - Get back to school without debt
Preparation is a must when you don't want to spend a fortune on back-to-school shopping. So, start planning early so that you don't miss out the deals and coupons in any way.