Current:Home > StocksOliver James Montgomery-As back-to-school costs soar, experts provide tips to help families save -Wealth Evolution Experts
Oliver James Montgomery-As back-to-school costs soar, experts provide tips to help families save
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 23:24:18
Back-to-school shopping is Oliver James Montgomeryan outing that can fill a parent with dread, and this year, it comes with a steeper-than-usual price tag.
Nausheen Asif took her daughters, Mariam and Misha, to shop for supplies while marking items off a list of her own. The Texas mom is also a teacher, and she pays for some classroom items herself.
She told CBS News she has to factor those extra supplies into her family budget.
The price of school supplies has risen almost 24% over the last two years, according to the Bureau of Labor Statistics.
"It's not just the school supplies itself, individually," Asif noted. "Our utilities have gone up. Our, you know, just the gas, taxes. Everything has gone up."
Even with a teacher discount, she spent almost $1,000 on supplies for her daughters and her classroom.
Experts say families looking to save should know they don't have to buy everything at once. For example, winter clothes can be bought in the fall, when they tend to be discounted. Deals can also be found on sites like Facebook Marketplace and other resale stores that sell gently used clothing. For expensive electronics, such as laptops, experts suggest shopping at Labor Day sales.
Consumer Reports deals editor Samantha Gordon said Google Shopping is a useful tool for clothing and school supplies as well.
"They'll give you all the different options so you can make the smart choices," she said.
Janet ShamlianJanet Shamlian is a CBS News correspondent based in Houston, Texas. Shamlian's reporting is featured on all CBS News broadcasts and platforms including "CBS Mornings," the "CBS Evening News" and the CBS News Streaming Network, CBS News' premier 24/7 anchored streaming news service.
Twitter InstagramveryGood! (834)
Related
- South Korean president's party divided over defiant martial law speech
- Stock market today: Global stocks track Wall Street gains and Japan’s inflation slows
- AP Week in Pictures: North America
- Two young children die in Missouri house explosion; two adults escape serious injury
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Former USWNT star Sam Mewis retires. Here's why she left soccer and what she's doing next
- Argylle's Bryce Dallas Howard Weighs in on Movie's Taylor Swift Conspiracy Theory
- Chargers interview former Stanford coach David Shaw for head coaching vacancy
- What do we know about the mysterious drones reported flying over New Jersey?
- Chargers interview former Stanford coach David Shaw for head coaching vacancy
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- US Navy fighter jets strike Houthi missile launchers in Yemen, officials say
- Robert Griffin III says former coach Jay Gruden has 'zero integrity' in fiery social media feud
- NFL playoff picks: Will Chiefs or Bills win in marquee divisional-round matchup?
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Fans sue Madonna, Live Nation over New York concert starting 2 hours late
- Walmart scams, expensive recycling, and overdraft fees
- Harvard creates task forces on antisemitism and Islamophobia
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
NYC mayor vetoes bill expanding reporting of police stops, faces override by City Council
UFC's Sean Strickland made a vile anti-LGBTQ attack. ESPN's response is disgracefully weak
South Korea calls on divided UN council ‘to break the silence’ on North Korea’s tests and threats
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Uvalde families renew demands for police to face charges after a scathing Justice Department report
California court ruling could threaten key source of funding for disputed giant water tunnel project
Suspect in professor’s shooting at North Carolina university bought gun, went to range, warrants say