Back-to-School Savings Tips: How to Shop Smart for School Supplies and Clothing

in Personal

Summary:
Get your kids ready for school without breaking the bank! Here’s a quick guide that offers practical and budget-friendly tips for back-to-school shopping, including how to save on school supplies and clothing using thrift stores, dollar stores, coupons, and smart timing. Whether you’re a parent of one or several children, these strategies will help you maximize your savings and minimize stress.

1. Shop Smart at Thrift Stores
Why Thrift Stores Work:
• Affordable prices on gently used clothing and shoes
• Weekly tag sales at stores like Goodwill and Salvation Army
• Items with pink tags are 50% off; red tags often under $3.50

What You Can Find:
• Brand-name jeans, suits, shoes
• Entire wardrobes for under $25

Pro Tip:
Wash items thoroughly for a fresh look and feel.

2. Use Coupons at Dollar Stores

Dollar Store Deals:
• Many dollar stores (e.g., Dollar General) accept manufacturer coupons
• Combine store discounts with coupons for ultra-low prices

Best Items to Buy:
• Pencils, markers, crayons, notebooks, and other basics
• How to Save More: Check your local dollar store’s website FAQ for coupon policies

3. Stockpile Coupons Early
Why It Matters:
• More kids = more supplies = more savings needed
• Start collecting coupons from mailers, online sources, and direct mail.

Timing Tip:
End-of-summer clearance sales + coupons = deep discounts.

4. Shop Ahead for Next Year
Smart Timing:
• Buy supplies and clothes a few weeks after school starts
• Most items will be heavily marked down

Extra Savings:
• Sign up for store newsletters for 10–15% off coupons
• Look for seasonal clearance (e.g., summer clothes under $5)

Final Thoughts
With a little planning and savvy shopping, you can save big on back-to-school essentials. From thrift finds to coupon stacking, these tips help you stretch your budget while keeping your kids well-equipped and stylish.
Here’s one more tip: with a First Internet Bank Money Market Savings account, you can earn 3.61 Annual Percentage Yield (APY)* – 6x the national average – and open your account with as little as $100. It’s a great way to get a head start on next year’s back-to-school shopping!

*As of 7/10/2025, the national average annual percentage yield (APY) for Money Market Savings accounts is 0.59%, as published in the FDIC’s Weekly National Rates and Rate Caps; average rate used is for deposits up to $100,000. Rates last updated 7/3/2025. Rates are subject to change on any day and will be updated by 10:00 AM EST. Please be sure to check this page after 10:00 AM EST for the rate that will be honored today. Fees may reduce earnings on account. The Daily Balance method is used to calculate interest. To avoid a monthly maintenance fee, you must maintain an average daily balance of $4,000 for the Money Market savings account. The Money Market Savings Account is a tiered rate account, the lower APY is stated above with no minimum balance requirements to earn interest. Higher APY rates may apply to balances over $1,000,000. For additional information, visit our Disclosures page.