Back-to-School Shopping: Maximizing Savings Amid Rising Costs
As inflation continues to impact consumer spending, back-to-school shopping has become increasingly expensive for many families. However, financial experts suggest several strategies to maximize savings during this crucial shopping season.
Andrea Woroch, a consumer savings expert, recommends leveraging store reward programs as a primary method to reduce costs. “Once you’re a part of a store’s reward program, you can earn free rewards for purchases you make, even if you don’t have a store credit card,” Woroch explains. These programs, which are typically free to join, can provide substantial savings when combined with additional coupons and discounts.
Another effective approach is utilizing coupon portals such as Coupon Cabin. These platforms not only offer coupons but also provide cash-back opportunities, allowing shoppers to stack rewards and increase their overall savings.
Woroch also advises consumers to save store-issued cash-back certificates for future use. “These cash reward certificates are often eligible for purchases at a later date,” she notes. By keeping track of expiration dates and combining these certificates with other discounts, shoppers can maximize their savings potential.
Credit card holders should also explore potential store discounts offered through their card issuer. Many credit card companies provide exclusive discounts or cash-back offers for specific retailers. “Log into your credit card’s portal and see if they are offering any cash-back or discounts for stores you like to shop at,” Woroch suggests.
While store credit cards can offer additional savings, Woroch recommends only considering this option for frequently visited retailers. Instead, she encourages shoppers to investigate the benefits of cash-back credit cards and to utilize credit card shopping portals for bonus cash-back offers.
As consumers navigate the challenging landscape of increased prices, these strategies can help alleviate some of the financial strain associated with back-to-school shopping. By combining multiple savings methods, families can stretch their budgets further and ensure their children are well-equipped for the upcoming school year.
