Budgeting Hacks: How to Manage Expenses this Back-to-School Season

The start of a new academic year is just around the corner, and parents, particularly moms, are gearing up to ensure a seamless back-to-school transition for their children. From tuition fees to school supplies, there’s a lot to prepare for.

Budgeting Hacks: How to Manage Expenses this Back-to-School Season

In this article, we’ll explore some insightful budgeting strategies to help you manage your expenses efficiently and avoid overspending during the upcoming school year.

Creating a Detailed List of School Essentials

To kickstart your budgeting journey, it’s essential to create a comprehensive list of the items your kids will need for the school year. This includes textbooks, pens, paper, uniforms, and even gadgets. Prioritize essential items and fees, ensuring you don’t overlook anything crucial. Don’t forget to review your kids’ supplies from the previous year – items that can be reused should be checked off to minimize unnecessary expenses.

Set a Realistic Budget

Now that you have your detailed list, it’s time to estimate the costs associated with each item. Based on this estimation and your financial situation, create a realistic budget that you can comfortably manage. This budget will guide your spending decisions, helping you avoid unnecessary financial strain.

Seize Deals and Discounts

Sales and discounts are your allies during back-to-school shopping. They can significantly reduce the overall cost without compromising on quality. Look out for promotions on school supplies and other necessary items. Buying in bulk during this period can also be advantageous, ensuring you have a steady supply of essentials throughout the academic year and saving you money in the long run.

Home Credit’s Back-to-School Cash Loan Promo

For a convenient and reliable budgeting solution, Home Credit has introduced a back-to-school cash loan promo. Eligible customers can take advantage of this offer until August 31, 2023. Through the My Home Credit App, you can apply for a cash loan with just a one-minute processing time. This loan ranges from ₱3,000 to ₱150,000, covering various expenses like tuition fees and school supplies.

Flexible payment options are also available, with repayment periods ranging from 12 to 60 months. Plus, eligible customers who make timely payments can enjoy up to five months of free installments. To qualify for this promo, ensure that your account remains active and in good credit standing during the offer period. Even after participating in the back-to-school cash loan promo, you can continue to benefit from Home Credit’s ongoing promotions.

ALSO READ: Here’s how Home Credit customers shop and pay using QR Ph

In Conclusion

Preparing for the new school year doesn’t have to strain your finances. By following these smart budgeting tips and making use of Home Credit’s back-to-school cash loan promo, you can ensure your children have everything they need without breaking the bank. Take advantage of deals, discounts, and financial solutions to create a successful back-to-school season for both you and your kids.

To know more about the latest updates from Home Credit Philippines, visit its official website, www.homecredit.ph. You may also follow its official Facebook, Instagram, and  TikTok  accounts. Customers are also encouraged to download the My Home Credit App on Google Play to learn more about the latest promos and see what’s new in the Marketplace.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).