The only thing I've ever loved about going back to school was all the new stuff I got. Just kidding!
My new book bag is pretty awesome, though.
When I was little, back to school time meant shopping for new clothes and school supplies with mom or dad. My parents budgeted for the things they were going to buy for me every year, because going back to school can cost a lot. In fact, total spending for school this year is expected to hit $26.5 billion, with even more being spent by college students and their parents!
Now that I'm in graduate school – where many of my classes are moving to being taught online – going back to school means new technology. Don't get me wrong, I still spend too much money on clothes and school supplies. (You don't even want to know how much my Erin Condren planner cost.) This year especially, I've been thinking about investing in a desktop computer. According to this infographic, there's been a spending surge on electronics and other school supplies for college in recent years. Luckily for you, there might be deals for supplies going on or starting soon.
Whether you're just starting a new semester as a student, or dropping your kids off for their first week of school, these trends are because of you. And that's not a bad thing. Have a great school year, everyone!