Back-to-School Savings: Smart Tips for Your Family

The new school year is an exciting time, but the costs can quickly add up, especially if you have more than one child. Uniforms, shoes, and sports equipment can put a serious dent in your budget.

But don't worry—with a little planning, you can find significant savings and have more money for the things your family loves. On average, UK parents spend around £191 per child on school essentials. While some costs are unavoidable, you can easily find better deals. Here's a simple three-point plan to help you save on your back-to-school shop.

1. Take Stock of What You Have

Before you make a single purchase, check what's already in your closets and drawers. You might be surprised by what still fits or what can be reused. This is especially true if you have more than one child—that uniform your oldest has outgrown might be a perfect fit for a younger sibling. By taking a thorough inventory, you'll only buy what you truly need.

2. Reuse and Recycle

You can find great deals on gently used items by looking for a second-hand uniform exchange at your child's school. If one doesn't exist, consider organizing a uniform swap with other parents. Your child's outgrown blazer could be the perfect solution for a friend's younger sibling, and vice versa. It’s a great way to save money and connect with your community.

3. Compare Prices

For the items you do need to buy new, take the time to research and compare prices. You can find great deals and discounts throughout the summer, both online and in stores. If your school doesn't require a specific branded uniform, you might find the best value at a local supermarket.

Additional Financial Support for Families

Beyond shopping smart, you may also be eligible for government benefits and other forms of financial help. It can seem overwhelming, but it's worth taking the time to see what you qualify for. You could save thousands of pounds annually on things like child benefit, tax credits, and help with travel costs.

Your employer may also offer childcare benefits, so check in with your HR department to see what's available.

Important Note: This is for informational purposes only and not financial advice. For personalised recommendations, please consult with a financial advisor.