Education is crucial to life, no matter where in the world you live. If you’re new to Singapore or have a child that is just about ready to start going to school, then you want to know the full extent of your options. [Read more…] about Tips for Educating Your Children in Singapore
saving on education
Children can feel a little overwhelmed when they start school for the first time – or even when they go back to school after having a break all summer. What they don’t often realize is that their parents can feel overwhelmed, as well.
School costs a lot of money. While public schools are free to attend, the school supply list just gets longer and longer. Each year it seems like it costs more. And for parents with more than one child that can mean hundreds of dollars just in supplies. Most children need at least some new clothing, too, because they’re growing so quickly.
Use the Internet to Find Deals
Fortunately, the Internet has allowed parents to have another way to get clothing and supplies for their children and save a little bit of money in the process. With discounts and special codes, like Overstock coupon codes, parents can save big.
If you’re a parent and you’re looking for ways to cut down on how much you’re spending for your child’s back-to-school items, don’t ignore the power of the Internet. If you look carefully, you can often find deals that give you free shipping. If you combine those deals with other offers (where that’s allowed) or use those deals when sales are running, you can get a lot of supplies for very little money.
Save All Year Long
Rather than wait until the last minute to get school supplies, make sure to plan for them all year. Put school supplies into your budget and save a little bit each month. That way, when school comes around you’ll already have the money available.
You won’t have to worry where the money for supplies is going to come from, get a loan from friends or family, or use your credit cards. It can be a great feeling to be able to pay for your children’s school supplies from savings that you’ve accumulated.
Less Stress After Shopping
Saving and planning all year long can also help your children feel more comfortable. They won’t see you stressed out and worried about how you’re going to pay for the things you’re buying. It’s good to be able to get your children what they need and not spend months afterward concerned about paying off the accumulated bills. If you want to save for back-to-school time, add up how much you spent last year and then add 10 to 20 percent to it.
Account for Inflation
When you do add in the extra percentage, you’ll account for inflation and rising prices. If you find great deals and use savings techniques, you might not spend as much money as you had set aside. That’s a great thing, though, because you’ll have some left over for a special treat for yourself or your children. You can also put that money back so you won’t have to save up as much over the course of the next year. That might free up some of your cash each month that you can use to pay down debt or spend on other things that you and your family need and want.
Photo via She Knows