Back To School Shopping Tips

If you have school-age children, you know that we’ve entered one of the year's busiest shopping seasons. It’s true—families are gearing up to send kids back to school, which means a lot of spending. So, how can you make the most of yours without going into debt? As summer winds down, retailers gear up for their own version of Christmas: back-to-school shopping season. A recent survey by NerdWallet reveals that parents of K-12 and college students plan to spend an average of $540 on school supplies and clothing this year. Unfortunately, this can lead to financial strain, with one in ten shoppers going into debt and another 20% using "buy now, pay later" programs.