The costs of returning to schools burden American families

One of the most e -mails that parents fear during the summer months is messages that include the list of school supplies that their children will need, and sometimes this coincides with the purchase of a new computer, clothes and shoes, in addition to the education and monthly fees for the preschool, and all this makes the expenses of the season to return to schools again the largest annual expenditures for American families.

These annual burdens have increased complicated this year as a result of a mixture of cumulative increases in prices over the past years and the expected increases in prices due to customs duties. Statistics showed that the prices of books and educational materials for schools, colleges and universities in the United States were 9.4% higher in May compared to last year.

The country also witnessed a collective tightening of spending on the requirements of the other regular family, and a poll conducted by Credit Karma revealed that while 34% of parents used credit cards, last year, to ensure their children’s readiness for the academic year, 44% will do this this year, and in addition to that you do not have one in four families for savings allocated to these expenses.

In addition, the National Union of Business Institutions noticed increasing interest from American families by finding the best prices, as many resorted to the summer discounts and discounts to cover the necessities, and the “Genn” store sells school supplies such as notebooks and pencils at less than one dollar, as he did last year, and “Targat Walt Mart” launched their sales campaigns in July, and continued via the Internet and in stores Actual.

The Vice President of Communications at Godwell in New York, Helen Murphy, says that although those looking for offers are not the only ones who shop in these stores, there is an increase in transactions, hell, Helen Murphy, says that although those looking for offers are not the only ones who shop in these stores, there is an increase in transactions, hell, Helen Murphy.

Despite the discounts, retailers expect spending 1.5% from last year numbers to reach 39.4 billion dollars, but this is due to the fact that more consumers store goods more expensive, and not to increase the purchases of each family, and this number is expected to be less than an average of 858 dollars, a decrease of 1.9% from the previous year.

The advisory company “Deloit” expects a decrease in spending for each child for the third year in a row, but the financial burden to return to school does not end when children are equipped, the first academic day is only the beginning of the costs of continuous activities that the school does not always cover, and half of the parents are concerned about how to pay the costs of sports activities or others, which in turn affects their spending in other areas such as caring for children.

According to “Credit Karma”, up to 32% of parents are considering leaving their jobs to stay with their children after school, or reduce their working hours to do so. About “El Pais”