Life

Parents plan to spend up to $500 per child on Back to School

Photo: Money Crashers

It’s just about time to send your kids back to school, and with that comes shopping for supplies, clothing, the latest technology, among other essentials. In a recent survey conducted by TopCashback.com a cross-section of 1,243 adults, ages 18 and over were polled and it found that 69 percent of Americans plan to shop for back-to-school items with 41 percent planning to spend up to $500 per child on back-to-school necessities.

Back-to-school shopping is a time where many ask questions along the lines of “what kind of statement will I make this year?” with their clothes, classes and more. 74 percent of Americans will bring their kids along with them to pick out their own supplies.
Some of the questions posed:

Will Americans spend more or less than last year on back-to-school supplies?
47% said More
34% said the Same
19% said Less

The most costly items on Americans’ back-to-school shopping lists:
First-day-of-school outfit/new cloths and shoes (40 percent)
Technology/appliances (new computer), new phone, mini fridge, etc 🙂 (35 percent)
School supplies (15 percent)

How much Americans plan to spend per child:
$101 to $500 (41 percent)
$51 to $100 (36 percent)
$0 to $50 (17 percent)

How Americans plan to save money on back-to-school shopping:
Shop sales (44 percent)
Use a cashback site (27 percent)
Use coupons (18 percent)

Where Americans plan to shop for back-to-school items:
Department stores (54 percent)
Office supply stores (31 percent)
Dollar stores (14 percent)
Boutiques (two percent)

For more on this study, visit TopCashback.com

And while you’re out shopping don’t forget to pick up something extra to help out with the Road Home Apple tree.

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