GAINESVILLE — With inflation on the rise, saving money on school supplies will require a different set of tactics this year. While parents, guardians and teachers can plan for potential savings with the 2022 Back-to-School Sales Tax Holiday through Aug. 7, there are other strategies to keep your budget from tipping.
“Having a budget, no matter what stage of life you’re in, is always helpful, especially when your goal is to organize your finances,” says Jenny Rodriguez, one of several UF/IFAS Extension agents through the state specializing in family and consumer sciences. “Creating that budget and shopping smart for back-to-school supplies is the key to saving money.”
Here, Rodriguez adds more strategies to her previous list of ways to save on school supplies this year:
• Avoid impulse purchases. Knowing what you are going to buy ahead of time is key. So, plan, make a list, and check it against what you already have at home.
• Create a budget using a financial application on your cell phone or computer. There are so many apps and resources to use that are free and adjustable to meet your needs. Here is a list to get your started.
• To save money, take advantage of store coupons. Some stores offer their own coupons. Sign up and use them. You can always unsubscribe at your convenience.
• Remember that you can also use cash-back options. Many credit cards have cash-back options. If you plan them accordingly, you can use them to pay for items
• Use more than one source of savings. Cash-back options differ from traditional coupons, but in some cases, they may be offered in addition to your coupon savings. Read the stipulations to see what you can and cannot do.