Save on back-to-school supplies

July 21, 2009 2:52:02 PM PDT
From the airlines to stores, the economic crisis is hitting everyone. And with the back-to-school shopping season quickly approaching, early reports are not looking good. More people are saving and less are spending. "We're not going to buy as much," parent Melinda Allen said. "Instead of whole year, we'll buy six months at a time."

Allen is already trying to tackle her back to school shopping list. She has two daughters who lost their jobs this year and four grandchildren to buy for.

"The economy has made things so bad, you have to get it when you can afford to," she said.

According to a new survey released by the New York-based company Deloitte, 32 percent of consumers say they're saving more this year on back-to-school items. That's up 10 percent from last year. Twenty-two percent are spending less because of a job loss.

Consumers say they are pulling out all the stops to save money, from discount shopping to buying just the basics.

Here are some tips:

  • Get organized - make a list
  • Stock up on basics
  • Buy in bulk
  • Start early and look for sales and promotions
  • Separate wants from needs
  • Set a budget

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    WEB PRODUCED BY: Bill King

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