Now that kids have just gone back to school, it’s important to plan for the expenses that come with it! From school supplies to extracurricular activities, these costs can add up quickly. Here are some tips to help you manage your finances effectively during the back to school season.
Setting a Back-to-School Budget
Create a detailed budget covering all necessary items such as uniforms, books, and supplies. Prioritise essentials and allocate funds accordingly.
Taking Advantage of Sales
Shop during back-to-school sales to get the best deals on supplies. Buying in bulk and using discount codes can also help reduce costs.
Managing Extracurricular Expenses
Budget for extracurricular activities, which are crucial for your child’s development. These activities can often come with significant costs, so it’s essential to include them in your financial planning. Consider Nimble’s personal loans to help manage these expenses without impacting your monthly budget.
Tips for Saving
Look for second-hand items like textbooks and uniforms. Many schools and online platforms offer gently used items at a fraction of the cost.
Leveraging Technology
If you need help with budgeting, you might want to use a tracking app to stay on top of your spending. These tools can help you monitor expenses and find areas where you can save.
If you still need financial support, consider exploring Nimble’s personal loans. With loans up to $5,000*, you’ll be able to manage unexpected expenses smoothly. Learn more and apply here.
Our streamlined application process is quick and easy – you’ll need your Australian passport or driver’s licence, internet banking credentials, and a few minutes of your time. The application is completed online, and you can receive a decision within approximately 2 hours on business days.
Back-to-school season doesn’t have to be financially stressful. By planning ahead, taking advantage of sales, and considering flexible financing options like Nimble’s loans, you can ensure your child has everything they need without breaking the bank.
