The National Retail Federation predicts combined spending for back to school and college is expected to reach $74.9 billion, or $669.28 per family on apparel, shoes, supplies and electronics, up 5 percent from last year. That’s quite a bit of money for many Oklahoma families, so it’s best to try and make that dollar amount stretch as much as possible.
Here’s a tip from Oklahoma CPA’s on a way to ace the budget:
Limit shopping on campus.
For the college students, stores on campus are convenient. However, that convenience comes with a price and they aren’t trying to be competitive with their pricing. Try to purchase most of your items off campus if you can.