Have a Budget

Before you go shopping for back-to-school clothes or supplies, determine how much money you have to spend. Make sure to include shoes and accessories in your budget. To help you stick to your budget, only bring cash when you shop (i.e. envelope budgeting system). This helps you to stay within your budget, and helps you teach your kids about money management.

Shop at Home First

Any item already on-hand is a freebie, so check the house for rulers and protractors, pencils and paper. Set aside a supply stash. One way to conquer the "where is it?" problem: designate a box or shelf as School Supply Central. This will serve you well throughout the year the year.

Have a Back-to-School Swap Party

Go through your house for last year's back-to-school supplies and clothes your children can't or won’t wear anymore. Invite friends and neighbors over for a back-to-school swap party.

The pencil box your child wanted last fall may still look brand new and she may not want it anymore but your neighbor's child does. Even pocket folders with slightly worn edges can be someone else's treasure. A swap party gives you the chance to recycle school supplies and clothes just sitting around your house while also keeping your money in your purse.

Hold Off Buying Trendy Stuff

Don’t buy trendy items like backpack, lunch boxes and pencil cases before school starts. Kids may love a version they find in July, but once they start school and see that their friends are all using another kind, they'll beg you to buy them something different-- and that only results in wasted money.

Use Cash Back Incentives

Using credit cards with cash back incentives gives you money back on every purchase. It's easy to be tempted to spend more because you're getting cash back, so be smart and still stay in your budget.

Online Coupons

Sign up for coupon sites like The StarPress’ Moms Like Me, and Gilt Groupe to grab up big savings on everything from school supplies to clothes and accessories. Gilt Groupe offers discounts on designer clothing, a big plus if you have teenagers with expensive taste.

Shop All Year for School Supplies

Keep an eye on school supplies all year to make the most of deep discounts. You know your kids will always need pencils and paper for school. A quick glance at the sales papers will help you stay ahead of the game and keep cost down.

Stockpile Clothes Seasons Ahead

Both retail stores and outlets need to move merchandise fast as one season comes to a close and another is about to begin. By thinking ahead, you can walk away with children clothes for a few dollars (and even find a few for yourself!).