Credit Counselling Canada

Credit Counselling Canada

August 12, 2005 10:00 ET

Credit Counselling Canada Urges Planned Approach to Beat the Back to School Money Blues

CALGARY, ALBERTA--(CCNMatthews - Aug. 12, 2005) - Back to school can mean big spending for parents. New clothes, school supplies, school fees and sports equipment all add up and if you haven't budgeted for it, this time of year can quickly drive you into debt. There are a number of ways to curb your back to school spending to avoid blowing your budget or going into credit card debt. Credit Counselling Canada (CCC) urges parents to take time now to plan and include children in the process.

Involving kids in the budgeting process will help them to understand exactly how much things cost, and it can make it easier for them to accept when certain items are just not in the budget.

Credit Counselling Canada offers the following tips to ensure that your children get the items they need without breaking the bank:

Recycle school supplies - Take a look at what can be reused from previous years. Dress up binders, note pads and folders with stickers or markers.

Buy bulk - Buy larger containers of supplies like white glue and fill smaller bottles from this supply.

Shop around for clothes - Kids consignment stores, discount department stores and thrift shops often have high quality clothes at a fraction of the price of name-brand stores. Also, check out used sports equipment stores for great deals on athletic supplies.

Say "yes" to free stuff - Pens and pencils are often giveaways at special events and stores. These freebies are good for school and cost you nothing!

For more back to school, budgeting and money management tips, visit Credit Counselling Canada at www.creditcounsellingcanada.ca and locate the non-profit member agency nearest you. Members provide consumers with confidential counselling, debt repayment and education programs.

Contact Information

  • Credit Counselling Canada
    British Columbia
    Scott Hannah
    (604) 527-8999 (ext.211)
    or
    Credit Counselling Canada
    Prairies
    Diane Rennie
    (403) 234-6182
    or
    Credit Counselling Canada
    Central Canada
    Laurie Campbell
    (416) 228-3328 (ext.208)
    or
    Credit Counselling Canada
    Atlantic Canada
    John Eisner
    (506) 633-3990