Smart ways to manage rising costs while staying on track with bigger financial goals
The back-to-school season is exciting, but it can also feel like you’re swiping your credit card every other day. Supplies, clothes, sports gear, fees—it all adds up. And with prices higher than in past years, many families are feeling stretched.
Here are a few ways to make it easier:
- Separate needs from wants. New sneakers might be fun, but start with the essentials. A family list keeps everyone on the same page.
- Set a spending limit. Just like planning for a vacation, a clear budget helps you avoid those last-minute splurges.
- Make it a teaching moment. Back-to-school shopping is a chance to talk to kids about trade-offs and budgeting.
- Keep your bigger goals in view. College savings, retirement contributions, or that emergency fund shouldn’t take a back seat to short-term expenses.
Bottom line: The school year brings plenty of costs, but with some planning, you don’t have to sacrifice your long-term financial progress.
Need help balancing today’s expenses with tomorrow’s goals? Schedule a conversation with Keel Financial.
Disclosures
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
