Wednesday, October 11, 2006

Back to School on a Shoe String Budget

Dr. Stephen Jones

Back to School on a Shoe String Budget Dr. Stephen Jones

According to Dr. Stephen Jones, parents can save thousands of
dollars by mapping out a back to school shoe string budget.
Annually the cost of going back to school continues to rise.
Supplying one child for a K12 school or college can cost between
$300-$1000. In fact one Villanova University student recently
said a book he purchased cost $200. While this may not be the
norm it is cause for alarm for parents who have several children
in school. Parents must make difficult choices regarding the
quality of materials their children will use to present term
papers and projects that are due during the school year. Often
parents get so busy during the summer that they fail to plan a
school supply budget and they end up running around from store
to store trying to reduce the cost of book bags, calculators,
text books, computers and etc.

It is clear that the retail stores are doing their research and
they know that parents will flood the stores around the third
week of August. Most parents would prefer to go to one store to
get all of their supplies but they look in the papers and
discover that the prices vary from store to store. Dr. Jones
says that parents can save hundreds of dollars by making wise
purchases. Here's how parents can save hundreds of dollars:

1. Don't shop at the last minute right before school is about to
start.

2. Identify a discount school supply store so that you don't end
up shopping at the local corner store.

3. Check the internet for sales at websites such as
overstock.com. Get together with friends and buy some things in
bulk.

4. Don't be afraid to buy some clothing at a thrift store. You
can save hundreds of dollars.

5. Check your supplies from last year before you go out to buy
new supplies. You will reduce the chances that you are
purchasing items that you have stored from last year.

6. Ask your local school where they order their supplies from
and contact the store for a catalogue or website.

7. Consider purchasing certain items at the Dollar Store near
you.

8. Purchase books at discount websites that are on the internet



It's amazing that some parents are willing to spend more money
because they are unwilling to invest time to uncover savings.
The hundreds of dollars that are saved can help with the
purchase of a new computer and printer. Don't cave in to the
temptation to putting your purchases on a credit card. The
credit card debts that parents obtain at the beginning of the
school year can last until the next summer if a parent is not
cautious. Parents who are shopping on a shoe string budget
recognize that credit cards are potholes that will take you
thousands of dollars off track.

Mobilize family and friends who can keep an eye out for special
school supply sales. Parents can use a number of methods to stay
in touch. First consider using the cell phone to create a list
of people who will be looking out for certain supplies that you
have identified. Also, friends and family can contact you
immediately when they discover a good sale. Parents can give
friends and family money in advance or ask them to pay for it
and agree to pay them back. Using e-mail can also be a good
method to share websites that offer the products at prices that
are not available at the stores. The links to website can be put
right within the text of the e-mail, which makes it easy for a
parent to make a purchase right away.

You should also purchase a copy of Dr. Stephen Jones' book
"Seven Secrets of How to Study (sevensecrets-books.com)." Dr.
Jones is available at stephenjoness@rcn.com and my cell phone
number is 610-842-3843.



About the author:
Dr. Stephen Jones is an outstanding educator who has spent his
career helping economically disadvantaged students to succeed in
college. Dr. Jones received his Bachelors Degree in Community
Psychology from Widener University, Masters in Education from
Howard University, Masters in Business Administration from
Philadelphia University, and a Doctorate in Education from
Widener University. He has been instrumental in helping
thousands of students