How to Stress Less During The Back-to-School Season

8/4/2021 5 minute read

Learn about some steps to stress less this school year.

Money Habits: How They Form And How To Break Them
Back-to-school season is just around the corner—meaning it’s time for back-to-school shopping. Recent studies find parents are facing a more costly back-to-school shopping season this year. With as much as $268 per student for school supplies and clothes, how can you make sure your kids have what they need without breaking the bank? Here are some steps to help you stress less — and spend less —with back-to-school shopping.

1. Consider your spending plan
Planning is the key to being financially healthy. Create a back-to-school spending plan to help you see how much money you have and how much money you will need.

Download our Spending Plan Worksheet for a free guide to help get a handle on your financial situation. This is an excellent resource to help you determine how much you truly feel comfortable spending. If you have questions, or would like to review your options with one of our seasoned financial Specialists, we are available to help provide personalized support.

2. Take stock of slack
Knowing the difference between our wants and needs helps us take stock of our priorities and remain focused on what’s important. Some questions to consider as you prioritize your needs list for this school year:
  • What do you need to buy before school starts?
  • What can you purchase later?
  • What really needs to be replaced versus what can be reused?

If new clothes are needed, many stores begin clearing their shelves to makes way for winter clothing at this time of year. This may be a good time to stock up at a discount. Many retailers that sell school supplies also have deals leading up to the start of school and big discounts after school starts if you can wait on some things.

3. Make it a family affair
If your kids will be shopping with you consider creating the needs list together. If possible, let them help create the list. Experts agree teaching your children about finances plays a critical role in forming a healthy mindset about money and sets them up for long-term success.

After making the list, make sure and bring it with you when shopping and do your best to stick to it. Avoid impulse purchases. If the kids want something that isn’t in the plan, consider giving them the option to chip in with their own money.
Many of us may feel worried or stressed about hitting the stores this year. At Credit Human we’re dedicated to helping you navigate the stress of this back-to-school season. Visit your neighborhood Financial Health Center for ways to help you build financial slack and stress less.

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