If you’ve got more than two or three kids in school, you might need to sell a kidney this month . . .
A back-to-school shopping survey found it costs parents an average of $586 per child. (!!!) That’s actually down slightly from last year when it was $597.
Two-thirds of parents said they already did most of their shopping last month though, to get the best deals. (Amazon Prime Day was July 16th and 17th.) Here are a few more quick back-to-school shopping stats . . .
1. Parents spend the most on clothing and accessories. Tech is next, so things like new computers and tablets. School supplies are third.
2. 61% say their kid usually manipulates them into spending more than they wanted to. But there’s a good chance you’re not just shopping for your kid. 50% of parents admit they usually end up shopping for themselves too.
3. When we can’t afford it all, our top two tactics are using coupons . . . and opening a new credit card. 77% of parents say their kid’s education is something they’re willing to go into debt for.
