UAB Offers Tips to Shop on a Budget When Going Back to School This Fall
Black Owned Newspapers And BlogsNews / Black Owned Newspapers And Blogs 5 months ago 49 Views 0 comments
By Adam Pope | UAB News
Back-to-school season is right around the corner, and it is a time when many parents are left scrambling to buy classroom supplies and an updated wardrobe for a growing kid along with paying registration and sports fees.
University of Alabama at Birmingham Regions Institute for Financial Education Director Stephanie Yates, Ph.D., provides insight into how parents can use budgeting to plan and save on back-to-school items this fall, along with tools that can help school groups raise funds.
YatesStephanie Yates, Ph.D. (UAB)
According to Yates, an associate professor of finance in UAB’s Collat School of Business, back-to-school shopping can be burdensome for many families who do not have the funds to spend a lot of money at one time.
“That’s why budgeting is key to shopping smart and saving as much as possible,” Yates said. “Families who prepare and are knowledgeable about sales and different offers out there really benefit from the budget processing.”
For example, she said, “A big mistake parents make is to look at this shopping event as strictly back-to-school and not as the entire school year. Your family will likely run out of school supplies before the year is over,...
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