Back to School on a Budget: Tips to Save Money and Avoid Scams

Learn how to save money and avoid scams during the back-to-school season with these valuable tips. From being wary of online scams to managing your utility bill, we've got you covered.
Back to School on a Budget: Tips to Save Money and Avoid Scams
Photo by Dmytro Demidko on Unsplash

How to Save Money and Avoid Scams this Back-to-School Season

As the summer draws to a close, families across the nation are preparing for another school year. With the average family expected to spend $38.8 billion on back-to-school shopping and supplies, it’s essential to be mindful of ways to save money and avoid scams. In this article, we’ll explore some valuable tips to help you navigate the back-to-school season without breaking the bank or falling victim to scammers.

Be Wary of Online Scams

The Better Business Bureau (BBB) reminds consumers to be cautious when shopping online, as scammers often target unsuspecting families during the back-to-school season. Online purchase scams are one of the most common types of scams, with 27% of losses coming from interacting with online sellers through social media channels and 20% from websites.

To avoid falling victim to online scams, make sure to:

  • Research expensive purchases thoroughly
  • Check the URL for a secure connection (https) and a lock symbol
  • Avoid inputting bank account information into unsecured websites
  • Be wary of deals that seem too good to be true

Save Money with These Tips

In addition to avoiding scams, there are several ways to save money during the back-to-school season. Here are a few tips to get you started:

  • Check around the home for supplies you already have
  • Research and compare prices for expensive items
  • Ask for student discounts
  • Shop in bulk for standard items
  • Consider purchasing second-hand or refurbished items

Manage Your Utility Bill this Summer

As the summer heats up, it’s essential to manage your utility bill to avoid unexpected expenses. Here are a few tips to help you keep your energy costs under control:

  • Keep the hours of 4 p.m. to 9 p.m. in mind, when electricity rates are the most expensive
  • Pre-cool your home by setting your thermostat efficiently
  • Close blinds and curtains during the hottest parts of the day
  • Run your appliances at the right times to avoid peak hours
  • Beware of ’energy vampires’ that add to your utility bill even when not in use

Conclusion

The back-to-school season can be a challenging time for families, but with these tips, you can save money and avoid scams. By being mindful of online scams, researching and comparing prices, and managing your utility bill, you can ensure a successful and stress-free school year.

Back to school shopping

Smart thermostat

Energy vampires