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Families plan to spend $130 less on back-to-school shopping this year, report finds
Families plan to spend $130 less on back-to-school shopping this year, averaging $611, due to rising living costs. A NerdWallet report highlights budget cuts driven by higher gas and grocery prices, with 43% of parents willing to take on debt for school fitting in and 45% for extracurriculars. Experts recommend reusing supplies, comparison shopping, and leveraging tax-free weekends.
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- Families plan to spend $130 less on back-to-school shopping this year, report finds
- Families plan to spend $130 less on back-to-school shopping this year, report finds
- Parents are stretching back-to-school budgets amid growing economic concerns
- Minnesota families plan earlier for back‑to‑school shopping as prices rise and demand grows