Financial Tips for July: Smart Ways to Save on Back-to-School Costs

BFGWM Team
Jul 8
2 min read

Updated: Aug 4

Save on school costs

As summer hits its peak, July is the perfect time to start preparing for one of the season’s biggest expenses: back-to-school shopping. Whether you’re a parent, guardian, or even a college student, school-related costs can add up quickly — but with a little strategy, you can stay well within budget.

Here are three smart ways to save on back-to-school expenses without compromising quality or readiness:

1. Shop Sales and Use Discounts

Retailers know that families are gearing up for school, which means July and August are full of promotions on everything from clothes to classroom supplies.

Smart Savings Tips:

Track sales at major retailers and compare prices online before heading out.
Use discount apps or browser extensions (like Honey or Rakuten) to stack additional savings or earn cashback.
Take advantage of state sales tax holidays, if available — many states offer tax-free weekends for school supplies, clothing, and tech.

Action Tip: Make a checklist of needed items and set a spending limit per category. Sticking to a list can help avoid impulse purchases.

2. Buy in Bulk for School Supplies

If you have multiple children or are part of a school group, buying in bulk can lead to big savings.

Bulk Buying Benefits:

Items like pens, notebooks, folders, and snacks are often much cheaper in large quantities.
Share costs with other parents or neighbors to maximize value.
Store extra supplies to avoid mid-year shopping at full price.

Action Tip: Visit warehouse stores or order online from bulk retailers and divide supplies with other families or your PTA.

3. Consider Secondhand or Refurbished Tech

Technology is often the most expensive school purchase, especially for middle school, high school, and college students. But you don’t always have to buy new.

Where to Save:

Certified refurbished laptops, tablets, and calculators can offer the same reliability at a fraction of the cost.
Local tech stores, Apple Certified Refurbished, and websites like Back Market or Gazelle are great places to look.
Don’t forget about student discounts on software and accessories.

Action Tip: Ask your child’s school for minimum tech requirements before buying, so you don’t overspend on unnecessary features.

Back-to-school doesn’t have to break the bank. By shopping smart, buying in bulk, and exploring secondhand options, you can set your student up for success while keeping your finances on track. Start planning now so August doesn’t feel like a financial scramble. A little early action can mean big savings later!

Note: This information is for educational purposes and should not be considered financial advice. Consult with a financial advisor for personalized guidance.

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