When summer ends, school routines return — and sometimes, so do surprise expenses. Between supplies, sports, and activity fees, it can feel like your wallet barely survives the first bell.
But with a little preparation, you can take the sting out of the season. Staying organized now can save you from last-minute scrambles and help you enter the school year feeling clear, confident, and financially grounded.
Here are a few simple ways to ease the transition:
- Take Inventory before you shop: Start by checking what you already have at home. Reuse supplies, backpacks, and tech where possible and cross them off your list early.
- Create a smart flexible budget: Estimate your total spend: think clothes, supplies, tech, and extracurriculars—then compare it to your monthly cash flow. Break it into categories to make adjustments easier.
- Involve your student: Whether it’s a kindergartener or a college-bound teen, involve your child in the process. Talk through needs vs. wants, show them how the budget works, and set expectations together. Getting students involved is a practical teaching tool and a good way to create the personal value of accountability.
- Shop intentionally and compare prices: Before making any big purchases, compare prices online or in-store. Look for bundle deals, cashback offers, or used items that meet your needs without draining your wallet.
- Take advantage of tax-free holidays: If your state offers back-to-school sales tax holidays, mark them on your calendar and shop strategically during those windows.
- Revisit (or start) your education savings plan: If you have a 529 plan or other education-focused savings account, this is a great time to review it. Are you contributing regularly? Do your investment choices still align with your timeline?
- Reach out for help if needed: If the back-to-school season feels financially overwhelming, you’re not alone. AFP’s Daily Money Managers can help you build a clear picture of your finances, prioritize expenses, and make a plan that supports your long-term well-being.
Want to feel more confident heading into the back-to-school season? Assurance Family Partners helps you create a plan that brings calm—not chaos—to your finances.
Jeremy Zizmor is the founder of Assurance Family Partners, a company whose mission is to assist and empower individuals and families who need help managing their personal day-to-day finances. He is responsible for running all facets of the business.
