Monday, 23 July 2018 19:24

Planning ahead can help families manage back-to-school costs and stress Featured

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Leilana McKindra, Communications Specialist, Agricultural Communications Services - Oklahoma State University

 

STILLWATER, OK – As the back-to-school season ramps up, doing some advanced planning will help parents and students get down to the business of heading back into the classroom without busting the budget or losing a grip on that one last nerve.

 

“Planning ahead will add an important element of organization to your shopping. It’ll help control your spending and your mood,” said Cindy Clampet, Oklahoma State University Cooperative Extension assistant state specialist, family resource management.

 

Begin by creating a family budget for school-related purchases. Factor in costs such as instrument rental, school pictures, sports participation and transportation to school each day.

 

Also, add in possible expenses for graduating seniors and the college application process.

 

Once the budget is established, family members should research their options based on the amount of funds available, then come to an agreement on all purchases.

 

“These days it’s easy to go online to find the items and products you want in a price range that works for you,” Clampet said. “Setting the budget in advance helps resolve disagreements before parents and students get to the store, where parents may feel pressured to give into demands from their student while in public.”

 

If changes or additions are made to the agreed-upon list of purchases after shopping begins, still try to stay within budget.

 

“Try not to shop if you’re feeling rushed or stressed,” Clampet said. “You also don’t want to wait too late or take someone who is already upset or in a bad mood because you could end up overspending or falling short of what you wanted to accomplish during your shopping excursion.”

 

Paying attention to sales, bargains and deals will help families stay within their back-to-school budget. So will taking advantage of the Oklahoma Tax Commission’s annual statewide Sales Tax holiday, which allows shoppers to purchase certain clothing and shoes free of state, city, county and local municipality sales tax.

 

This year, the sales tax holiday is set for Aug. 3-5.

 

Even with keeping a sharp eye out for bargains and sticking closely to a budget, some families may struggle to cover back-to-school costs. In these cases, check with the nearest county Extension office for a possible list of community organizations offering supplies for free or at a reduced price.

 

Finally, families may consider planning now for next school year by building anticipated expenses into the overall household budget.

 

“Tally all of this year’s expenses, divide that amount by 12 and begin reserving that much money each month to put toward next year’s costs,” Clampet said.



Oklahoma State University, in compliance with Title VI and VII of the Civil Rights Act of 1964, Executive Order 11246 as amended, and Title IX of the Education Amendments of 1972 (Higher Education Act), the Americans with Disabilities Act of 1990, and other federal and state laws and regulations, does not discriminate on the basis of race, color, national origin, genetic information, sex, age, sexual orientation, gender identity, religion, disability, or status as a veteran, in any of its policies, practices or procedures. This provision includes, but is not limited to admissions, employment, financial aid, and educational services. The Director of Equal Opportunity, 408 Whitehurst, OSU, Stillwater, OK 74078-1035; phone 405-744-5371; email: has been designated to handle inquiries regarding non-discrimination policies: Director of Equal Opportunity. Any person (student, faculty, or staff) who believes that discriminatory practices have been engaged in based on gender may discuss his or her concerns and file informal or formal complaints of possible violations of Title IX with OSU’s Title IX Coordinator 405-744-9154.

 

David Deaton

Digital Editor at Oklahoma Welcome

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