It’s hard to believe, but it’s time for kids to start heading back to school. Back-to-school season means shopping for new supplies and whether it’s a backpack, a lunch box, or a new wardrobe, it can be a pricey time for parents. Bankrate has reported that on average, parents spend up to $670 for one child on back-to-school gear. Here are 3 ways you can save on your school shopping, while making sure your kids have everything they need.

Clean out the closets.
The key to not overspending is figuring out exactly what your children need, and not just what they want. Take a detailed inventory of what they have, what is in good condition, and what still fits. Then, you will know exactly what you need to purchase when you hit the stores. Although it may be fun for your kids to pick out a new backpack, if last year’s bag works, tell them the money can be used on something else that they actually need.

Buy in bulk.
Do your children have a favorite lunch item or snack? If so, head to the nearest warehouse store and buy these goodies in bulk. Whether it’s goldfish or peanut butter, you’ll be glad to have enough when making their meals this school year. Also, if you have multiple children, these stores are an excellent option for stocking up on supplies for every kid.

Check out consignment stores, clip coupons.
Many local consignment shops have great name-brand items at reasonable prices. Back-to-school season is a popular time for them as well, so hit up the secondhand shop to see what new inventory they’ve gotten in. Additionally, pay attention to sales and coupons in store circulars. Even small savings can help in the long run when you’re trying to stay on budget while buying all your children’s new school gear.

Want to earn cash back on all your back to school purchases this year? Apply for a Visa Signature Cash Plus Credit Card from First Financial! You’ll earn 1% cash back, no restrictions.*

*APR varies up to 18% for purchases, when you open your account based on your credit worthiness. The APR is 18% APR for balance transfers and cash advances. APRs will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fee. Other fees that apply: Cash advance fee of $10 or 3% of the total cash advance amount—whichever is greater (no maximum), Balance transfer fee of $10 or 3% of the balance—whichever is greater (no maximum), Late Payment Fee of $29, $10 Card Replacement Fee, and Returned Payment Fee of $29. A First Financial membership is required to obtain a Visa® Credit Card and is available to anyone who lives, works, worships, or attends school in Monmouth or Ocean Counties.

Article Source: Wendy Bignon for CUInsight.com