Best Way to Save for Back-to-School Expenses

As summer winds down, many families begin preparing for the busy back-to-school season. From school supplies and clothes to technology and extracurricular fees, the costs can add up quickly. At Casey State Bank, we understand the financial pressures this time of year can bring. That’s why we’re sharing smart, practical ways to help you save and stay on budget while setting your kids up for success.

1. Start with a Back-to-School Budget 

List out what your child needs for the upcoming school year—including supplies, clothing, and any fees for sports or activities. Prioritize the essentials and set spending limits for each category. A clear plan can help prevent overspending.

2. Shop with a Strategy

Take advantage of sales, tax-free weekends, and coupons. Compare prices online before you head to the store, and consider buying in bulk for items used year-round. It also helps to reuse or repurpose supplies from previous years when possible.

3. Open a Dedicated Savings Account

Set up a separate savings account specifically for school expenses. By regularly depositing small amounts, you can ease the burden of big purchases when the season rolls around. Casey State Bank offers convenient savings options to help you stay organized and goal-focused.

4. Involve Your Kids in Budgeting

Use this opportunity to teach financial responsibility. Talk to your kids about needs versus wants, set spending limits together, and encourage them to help make choices that align with your budget.

5. Use Rewards or Cash-Back Programs

Make your money work harder for you. If you have a Casey State Bank credit card with rewards, consider using it for school shopping to earn cash back or points. Just be sure to pay off any credit card balances promptly to avoid interest charges.

6. Plan Ahead for Next Year

Once school starts, begin setting aside money each month for the following back-to-school season. A little preparation now can make next year feel less stressful.

Casey State Bank is Here to Help 

Back-to-school season is a time of growth and opportunity. With a little planning and the right tools, you can manage expenses confidently and keep your family on track financially. Stop by your local Casey State Bank branch or contact us online to learn more about our savings accounts and budgeting tools.

Here’s to a successful and stress-free start to the school year!