If the back-to-school season snuck up on you, don't worry! We're here with a plan. Let's start this school year strong with the right supplies and a mindset for success. 
Here are 8 ways to financially prepare for the school year:
1. Set a Back-to-School Budget 
-List essentials: Supplies, clothes, tech, fees, etc.
-Set spending limits for each category.
-Use cash or a prepaid card to stick to your budget.
2. Take Inventory First 
-Check what you already have at home before buying new items (leftover supplies, hand-me-downs, etc.).
3. Shop Smart 
-Buy during sales (tax-free weekends, clearance events).
-Use coupons and cashback apps.
-Buy in bulk for shared or year-round supplies.
-Consider secondhand stores for clothes or refurbished tech.
4. Plan for Recurring Expenses 
- Lunch money, extracurriculars, and transportation can add up—include these in your monthly budget.
-Set up automatic savings for these costs.
5. Build a “School Fund” 
-Open a separate savings account and contribute monthly.
This cushions against unexpected school costs (field trips, fundraiser asks, etc.).
6. Use a Financial App or Tracker 
-Apps like YNAB (You Need a Budget), Mint, or EveryDollar help track expenses in real-time and could help keep you accountable.
7. Teach Kids About Money 
-Get them involved in budgeting or shopping.
-Give them a small budget for supplies to teach decision-making.
8. Plan for Big Expenses 
-If you know tech upgrades or sports equipment are coming, plan for them early—look for payment plans or gently used options.
Feel free to contact our office if you have questions about navigating your finances as you enter the school year!
📱901-757-5757
✉️ information@shoemakerfinancial.com