Beat the Back To School Financial Blues

Believe it or not, the ‘back to school’ rush is firmly on the doorstep for all of us that are parents. The financial implications of the summer holidays have taken their toll and its back to reigning in the purse strings.

Wherever you go, whether it’s online or a stroll down the high street, the sales are eagerly drawing us in. Stationery, school uniforms, heaven forbid new computers for those who have kids about to start college, are hitting every one of us with a big fat credit card bill.

Here are a few easy to follow tips on what to avoid and how to sensibly shop for the essentials.

  • If you can, hold off purchasing the big things, like computers, wait for a black Friday if you can or look for a bundle deal. Some stores offer student discounts, so wait for the NUS card, particularly on software.
  • As soon as the term has begun then products that are school specific such as rucksacks and stationery immediately go into clearance. If you can hold off for a few days.
  • Typing the word “coupon” alongside the store you would like to make a purchase from can also lead to printable vouchers to take along to a shop or a redeemable code for an online purchase. It’s worth a surf!
  • If you are a self-employed parent then now is also a good time to stock up on any new equipment or office supplies you may need.
  • Without doubt shops such as ASDA, Tesco and Sainsbury’s are good choices for school uniform. It’s quite possible to buy a basic uniform for under £20!

Sensible spending is an approach that all of us at PiggyBank are in favour of. We are a payday loan direct lender,  and our service is designed to offer responsible lending to those who are in need of short-term loans and able to pay back within fixed and agreed repayment terms.