Back-to-College Spending Projected to Reach $86.6 Billion: Tips for Saving Money and Finding Necessities

Are you heading off to college soon? If so, you’re not alone in feeling the financial strain of back-to-college shopping. According to the National Retail Federation, back-to-college spending is projected to reach a whopping $86.6 billion this year, making it the second-highest amount ever recorded by the annual spending intentions survey.

With costs on the rise, it’s important to prioritize your purchases and focus on the necessities. As Kaydence Vachal, a resident advisor at BSC, pointed out, items like cooking utensils, pots, and pans are essential for setting up your college apartment. However, she also emphasized the importance of creating a relaxing space in your dorm room where you can unwind after a long day of classes.

One key piece of advice from Vachal is to compare prices and shop for bargains. With so many retailers offering back-to-college deals, it’s worth taking the time to do some research and find the best prices on the items you need. Whether you’re shopping for bedding, storage solutions, or decor, a little bit of comparison shopping can go a long way in helping you stick to your budget.

So, as you prepare for the upcoming school year, remember that you don’t have to break the bank to create a comfortable and functional living space. By focusing on the essentials, comparing prices, and hunting for bargains, you can set yourself up for success without overspending. Good luck with your back-to-college shopping, and here’s to a successful and budget-friendly school year ahead!