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OKLAHOMA CITY--(BUSINESS WIRE)--Aug 21, 2023--

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Back-to-school shopping can create a hole in parents’ budgets at the best of times, but with a cost-of-living squeeze in full swing, money is particularly tight this year. At a time when every cutback counts, here are some ways to save some money on the costs that will earn you top marks for effort. 1. Check what you have This can be particularly useful if you have more than one child and need to pass items down. When sorting clothing, create piles of those that are in good condition, those that need repairs, and items that are beyond salvaging. Alice Haine, a personal finance analyst at investment platform Bestinvest, says: “Carry out a full audit to see what uniform, stationery items, lunchboxes and water bottles you already have. “You may find unused items still in pristine condition at the back of a cupboard, or used items that are good to go for a second or third academic year – after all, you only want to buy new if you have to.” 2. Create a ‘sell’ pile Haine suggests: “If your child has outgrown some of their uniform, sell them on Facebook Marketplace or WhatsApp groups, and use the cash to buy new items.” Vinted is worth a try, too. 3. List everything you need Once you’ve sorted through everything, make a list of the items you need to acquire. If you have a clear idea, you’re less likely to waste money doubling up, plus, you can buy what’s needed as and when you spot special offers. Depending on your circumstances, it may also be worth checking your government website for grants which could help with school uniform costs. 4. Be clear on school rules You could end up wasting your money if you buy items which don’t match school policies. Haine says: “If you are heading to a new school, check the uniform policy before you buy. Some schools may demand a certain style or colour.” 5. Team up with parents for ‘bulk buys’ “Some multipack prices may seem like great deals, but you might not need four items, so team up with a fellow parent to share the cost,” says Haine. 6. Remember that the cheapest price isn’t always the best value “When it comes to shoes, it can pay to go for a slightly better brand,” suggests Haine. “Cheap shoes can have a short shelf-life when you consider how much they get battered at school. Keep the receipt, because if shoes do fall apart over a short period of time, some stores may replace them with a new pair.” 7. Make sure there’s ‘growing room’ “Always go a size up if your child is still growing, especially on the pricier items, such as blazers, to ensure you get the most out of the investment,” says Haine. “Some brands even sell trousers with a grow-proof hem that can be let down and pressed with an iron, to ensure clothes last longer.” 8. Go refurbished Abigail Yearley, a spokesperson for website TopCashback.co.uk, says: “There are plenty of trustworthy and reliable sites that sell second-hand or refurbished tech, which works as good as new. Just make sure it comes with good warranty before buying.” You may also be able to buy refurbished devices directly from the manufacturer, she says. 9. Look out for second-hand items Check the school’s website for information on buying second-hand uniforms. “Many schools offer a pre-loved uniform service, so checking if that’s available to you should be the first point of action,” suggests Yearley. “If that’s not an option, check on the parents’ group chat if anyone is looking to give away or swap items they no longer need. It’s also worth scouting out Facebook Marketplace and popping into your local charity shops.” 10. Compare prices online Browsing online is a fast way to research and compare prices. Websites such as TopCashback can also help people to get some cashback on purchases from brands such as Clarks, Wilko and Dell, for example. 11. Look out for supermarket staples Tesco, for example, is running a discount deal on selected stationery and lunchtime essentials for its Clubcard members, until September 7, subject to availability. Yearley says: “All the big supermarkets tend to run back-to-school events during the summer months, so make sure you keep an eye out for them. “It’s especially worth checking out discount supermarkets like Aldi, as their back-to-school events are known for bargain prices. “Even if you’ve missed the special event, it’s worth checking their middle aisle, as often you’ll find things like stationery and lunchboxes, which are still cheaper than buying elsewhere.” 12. Get something back for donating M&S has expanded its ‘shwopping’ scheme, with dedicated school uniform shwopping boxes in over 200 stores, to encourage families to donate pre-loved school uniform, to be resold in Oxfam and through a pilot shop with eBay. As a thank you for shwopping school uniform, M&S Sparks customers can receive 20% off selected kids clothing from the retailer. Similarly, if last year’s school shoes are now a battered pair of Kickers, you can recycle them through their Reskinned initiative, which will also get you £15 towards a pair for the new school year. And Schuh offer a £5 voucher for every pair of unwanted shoes you donate, as part of their Sell Your Soles scheme. All these savings really do add up. 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Mick Schumacher has been confirmed as a driver for Alpine in the World Endurance Championship next year. The 24-year-old has been present in the Formula 1 paddock this season as a reserve driver for Mercedes, driving in the simulator and providing cover for Lewis Hamilton and George Russell. The German driver, son of seven-time world champion Michael Schumacher, was dropped from his F1 race seat at Haas at the end of the 2022 season after two years but after experiencing a year without racing in 2023, Schumacher will race for Alpine in their Hypercar squad next season. “A new chapter is beginning for me with Alpine in the FIA WEC hypercar category,” Schumacher said. “The car is impressive, and I can’t wait to get started. “I’ve grown up with single-seaters, so driving a car with a closed cockpit and covered wheels is a great opportunity to hone my driving skills.” Schumacher recently completed a test for Alpine in their A424 hypercar as he takes his first racing steps outside single-seater cars. It is thought that any endurance racing would be in tandem with his role as a Mercedes reserve again next year, though Silver Arrows boss Toto Wolff is yet to formally confirm that Schumacher will be staying with the team. Schumacher added: “I sorely missed racing this year; it’s what I’ve loved to do since I was a kid, and it was sometimes difficult to watch the other drivers take to the track. “Endurance racing is a new challenge for me, and I’m sure we will share great moments together next year with Alpine.” Schumacher has been linked with the only F1 seat unconfirmed for next year - Logan Sargeant’s spot at Williams. However, it is likely that the American will be given another year at the wheel by Williams, particularly after his strongest qualifying performance of the season to date in Las Vegas at the weekend. Bruno Famin, vice-president of Alpine Motorsports, added of Schumacher’s addition: “With [team principal] Philippe Sinault, we wanted drivers who are not only fast and reliable but also showing a real team spirit and good racing acumen to best represent the Alpine colours in the premier category of the World Endurance Championship. “It might be [Schumacher’s] first foray into endurance, but his enthusiasm for the project and his will to join us are palpable. I’m sure he will be a real asset.” Schumacher will be present in the F1 paddock this weekend at the last race of the season in Abu Dhabi.

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.

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