As the new academic year approaches, many parents, particularly moms, are getting ready to ensure a seamless back-to-school season for their children. It involves timely settling of tuition fees and other expenses, along with providing all the necessary items such as textbooks, pens, paper, uniforms, and even gadgets to equip them with the right tools for their school tasks.
The overall cost of these back-to-school necessities can put a strain on your finances, especially if you have a fixed monthly income. It becomes crucial to handle your expenses wisely. To help parents with this challenge, here are some intelligent budgeting tips to prevent overspending in the upcoming school year, brought to you by Home Credit, a leading consumer finance company.
Establish a list of school essentials, other important expenses
Creating a detailed list provides an overview of the essential items your kids will require and the fees you need to pay for the upcoming academic year. This allows you to prioritize what back-to-school needs should be taken care of first while not missing out on anything important.
Before finalizing your list, do not forget to check your kids’ school supplies from the previous school year. Once you determine which items can be reused this season, you can check them off to avoid unnecessary expenses.
Determine your budget
Now that you have a comprehensive list for the back-to-school season, you can start looking over or estimating the costs of everything your kids will need. From there, you can establish a realistic budget based on your financial capabilities. This allows you to better manage your finances and make informed shopping decisions.
Take advantage of deals, discounts
Sales and discounts can significantly reduce the total cost when you are shopping for supplies. Taking advantage of such offers will allow you to save more money without compromising the quality of the items. At this period, you can also buy in bulk so you will have a stock of school supplies to last the whole academic year, minimizing your kids’ school expenses in the long run. Additionally, this will enable you to stretch your budget further to purchase additional items for your kids or redirect the saved funds to other essential expenses at home.
The key to your back-to-school budget
If you are looking for a convenient and reliable solution for your budget in preparation for the upcoming academic year, Home Credit has you covered, as it offers a back-to-school cash loan promo for its eligible customers until 31 August 2023.
By visiting the My Home Credit App, you can now easily apply for a cash loan anytime and anywhere. With just one minute of processing time, you can avail a minimum of PHP3,000 up to PHP150,000 loan amount to cover your kids’ expenses this season — be it tuition fees, school supplies, and more. You can also enjoy flexible payment options that range from 12 to 60 months and get up to five (05) months of free installments if you are an eligible customer who pays on time.
You are qualified to get this promo if your account is active and in good credit standing during the offer period. You can also enjoy Home Credit’s ongoing promotions even after participating in the back-to-school cash loan promo.
Grab this amazing offer while it lasts! Take advantage of Home Credit’s promo to ensure your kids are well-equipped to face the new school year without breaking the bank.
For the latest updates from Home Credit Philippines, head over to their official website. Stay connected and get the latest news by following their official accounts on Facebook, Instagram, and TikTok. For a more personalized experience, customers are encouraged to download the My Home Credit App from Google Play, where they can discover the latest promos and explore the Marketplace.
Home Credit Philippines is a reputable financing company, fully licensed, and under the supervision of the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).