Leaving back-to-school shopping until the last minute can be a costly error for parents — one that's more important than ever to avoid in a time of high inflation, says one parent.
Two weekends ago, Anne Zarifa and her children sat down to make a list of clothes they'd need for the coming school year after sifting through their closets to get rid of anything too small or worn out.
"So giving yourself a bit of time, I think, is good. Making a plan, making a budget so that you don't overspend." A new survey by PC Financial found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years. "I know as a kid, we bought brand new binders almost every year and it blows my mind that we did," said Macmillan.After that, it's best to establish a budget "because it's easy to quickly go overboard." Macmillan also recommends "shopping strategically" by keeping an eye out for coupons on back-to-school deals.
Right now, he's focused on buying summer clothing for next year as stores clear out their seasonal inventory, but he'll soon turn his attention to searching for back-to-school items that Matthew needs for September 2024.
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