Between shoes and clothes and school supplies for five kids, we can put a serious dent in our income if we don’t have a solid plan. Here’s how I take advantage of the lowest prices of the year without overbuying or underestimating our needs.
#1 Start With The List
Most schools will provide a list of specific supplies needed for each grade. For some consumable items such as crayons, markers, pencils and paper, you’ll want to consider doubling up so you can have extras on-hand to replenish mid-year.
#2 Consider Household Needs
Estimate your office supply needs for the next 12 months, and maximize your savings by filling those needs this summer while prices are at their lowest.
#3 Gifts and Extras
Will you want to create an art supply box for Christmas? Do you need extras for summer activities? Be sure to add this into your estimate.
In the end, your calculation will look like this:
School Needs + Household Needs + Gifts/Extras = Stock-Up Quantity