While the festive season is a time to let one?s hairdown and forget about the cares of the year, it?s also a time that people overspend on things that are not necessities, leaving children destitute and without school fees among many other needed necessities.
DEDICATED SAVINGS ACCOUNT
It is advisable to have a dedicated account where funds for school fees, uniforms and all school necessities will be kept until January when I have to return to school. Without saving for children, parents struggle to pay for their children?s school fees, uniforms, and basic school necessities such as books. Having a dedicated savings account for school gives parents peace of mind.
USE EXTRA CASH TO SETTLE SCHOOL FEES
School fees can be a headache for many parents, even though some parents seem to have it all together, especially when the back to school advertisements start to show on TV. It reminds most parents that it?s time to pay up. When registering your child at a school for the following year, it?s important to settle half of the school fees, so that when the new year starts, your only concern will be school necessities such as books, uniform, and transport.
PURCHASE SCHOOL UNIFORM EARLY
One of the many ways that parents can save money is by buying the most important school basics, such as school uniforms, early to avoid price increases the following year. Be savvy when it comes to your children?s school needs, and plan early. The things that can be done early should be done early to avoid any unforeseen circumstances.