Inflation is impacting back-to-school spending

Published: Aug. 9, 2022 at 9:22 PM EDT
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BROOME COUNTY (WBNG) - Just as with many aspects of our lives, inflation is affecting the back-to-school shopping experience.

Daniel Mckeever, a Binghamton University assistant professor with the finance department, said prices are up and the average family nationwide is estimated to spend roughly $900 during the overall back-to-school shopping experience.

Mckeever’s advice includes teaming up with others to buy certain supplies in bulk, looking for used supplies, waiting for Labor Day sales, and taking advantage of tax exempt sales weekends from nearby states if visiting, such as New Jersey. In New Jersey, for example, the sales tax holiday is Aug. 27 through Sept. 5.

If you can’t afford the extra spending this year or if you don’t have the time to shop, turning to your child’s school district could help during these times.

“So we have school supplies that are available in all of our schools so no family should ever worry about that,” said Maine-Endwell Asst. Superintendent of Curriculum, Instruction and Assessment Julie Gallagher. “If there’s a need and you either can’t get to the store, or have access to, or financially it might be a struggle for you, we always have school supplies. Our students would never go without.”

Parents can reach out to get the school’s supplies or a child’s teacher can take the lead. “If they don’t have the school supplies at their desk, then our teachers just go quietly go about it and make sure,” said Gallagher.

To have the supplies available for students, Gallagher said it takes a village comprised of community partners.

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