All across the country, kids are going back to the classroom, which means it’s time to stock up on school supplies and other essentials. Buying new notebooks, backpacks, clothes, and electronic devices can put a strain on the budget, but taking out a loan or shopping wisely can ensure your kids have everything they need. Here are a few tips for saving on back-to-school expenses.

4 Tips for Cutting Back-to-School Costs

1. Make a List

Buying on impulse or showing up to the store without a plan will often cause you to spend much more than you expected, and you’ll likely forget a few things in the process. Before you even start shopping, make a list for each child that includes everything they might need for school.

2. Set a Budget

Once you know what you’re going to need, it’s time to figure out how much you have to spend. Estimate the cost of each item on your list, add it all up, and compare the total to your available funds. If you don’t have enough, you might consider putting some items off, asking friends or relatives if their kids have extras, or taking out a loan to cover the difference.

3. Compare Prices Before You Buy

As the first day of school gets closer, retailers usually offer big sales with dramatic discounts. Signing up for store emails will give you a heads-up on school supply sales and often include valuable coupons that can help you save even more.

4. Spread Out Clothing Purchases

Clothes are one of the most expensive items on most back-to-school lists, but you can spread those purchases out over the year. Instead of buying a whole new wardrobe, pick up a few new pieces and gradually replace their old clothes. If you have young children, this will also keep them from outgrowing all their clothes at once.

If you need a little extra funding for those back-to-school expenses, Coastal Finance Company offers fast, friendly service and reasonable rates. As Savannah, GA’s oldest and most respected personal loan company, they’ve been serving borrowers throughout the area since 1956, building a reputation for integrity, honesty, and flexibility. Visit their website or stop by their office today to apply for a loan—the team aims to make decisions in less than an hour. Call (912) 303-9979 with any questions.