VANCOUVER – We hate to say it but the end of summer is not far off.
That means back to school shopping is about to heat up.
It’s not a cheap trip to the store, but financial expert Sandra Hanna with Smart Cookies has some advice.
She recommends checking ahead of time with your child’s school to see what items they actually need.
“Sometimes it differs. If you just get a generic list that you’d pick up, say at Superstore or Walmart, your specific class may not need all those items.”
She also recommends doing the shopping without your kids in tow.
“What happens when we go with them, it’s chaos. They’re pulling things from the shelves and you just want to get out of the store as fast as possible. You end up spending 25 per cent more than you intended to.”
Daniel Baer with the business management group EY (formerly Ernst and Young) says they project Canadians will be spending a little more than usual this fall.
“Gas prices have remained low, the Canada Child Benefit has increased, so there’s a bit more disposable income. Usually the first priority for parents is on their children so we expect them to spend some of that income on back to school season.”
EY projects a 4.5 per cent increase in spending this year over last nationwide, but around 3.5 per cent in Manitoba.