Back-to-school season approaching quickly; What you can do to save money

MIAMI VALLEY — In a little over a month, kids in districts across the Miami Valley will be back in the classroom.

As reported on News Center 7 at 5:30, retailers across the area are preparing for the back-to-school season by stocking supplies and marking down summer items.

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RetailMeNot shopping expert Emily Foley said it may seem early to start thinking about back-to-school shopping, but it’ll pay off.

“I’m a mom, and literally, as soon as that July 4 holiday hits, I know right after is when I need to start thinking back to school,” Foley said.

Foley recommends parents stock up on summer clothes, as kids can wear them the first few months of the school year.

“Take advantage of the discounts, of stores discounting, their summer wear to bring in the fall clothes to get what they need for the beginning of the school year,” Foley said.

When it comes to supplies like notebooks, backpacks, and writing utensils, wait until the sales start.

Outlook Financial Services CEO Rob Burnette said it’s important to keep track of your finances during this time of year.

“A lot of those are the things that we’re planning for...College education,” Burnette said.

According to Burnette, now is the time to check savings for your children’s post-secondary education.

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“You want to help with college education. Okay, what does that look like? How’s that implemented? If we’ve already started it, how’s it tracking? Do we need to make any adjustments to it?” Burnette said.

It’s better to start saving sooner, rather than later.

“I don’t want to wait until the kids are 16 to start that, that kind of plan because quite frankly, you’re too late. And it’s gonna take just a big lump of cash that people probably won’t have,” Burnette said.

Before you start shopping, make sure you have plans in place to get the best deals.

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