The following excerpt is from an article that originally appeared on The Sleuth Journal
If your kids are enrolled in school, you know that back to school shopping can make this the second most expensive time of the year.
This year, the National Retail Federation expects back to school spending to reach $83.6 billion dollars. This is a 10% increase over last year’s spending. The average expenditure is $687.72 per child. (source)
Here’s the spending breakdown:
Clothing – $238.89 Electronics (computers, calculators) $204.33 Shoes $130.38 Supplies (includes backpacks and lunchboxes) $114.12
I can honestly say I don’t think I’ve ever spent anywhere near that amount of money on back to school stuff for both of my kids combined. It does not have to be this way.
When many Americans can barely make ends meet from month to month without any additional expenses, the pressure to spend money on back to school shopping can be the source of a great deal of stress. Add to this that now, many schools send home apost was originally published on this site