Challenging financial times and the high cost of living has pushed people to live solely on debt. Often, people are into so much debt that it causes stress to the family and reduces the quality of life of every single individual in the household. However, this does not have to be the case.
During back to school, a parent can do the following to cut down the expenses and pay off more debt:
Write down a shopping list with the child. The list should include the personal items the child will need in school. If the school allows the children to go with home-clothes, the list can include clothes too. After writing down the list, strike out any item that might be available in the house. If the child already has clothes they can wear, it might mean buying just a single item of cloth or two. Experts also advise shopping for school clothes in October and winter clothes in April. During these times, the clothes are on offer as the students.
It is also important to protect the child from being affected by the stress and the strain due to debt. Therefore, help the child to establish a routine. This daily routine stipulates when they wake up, prepare for school, pack their meal, and so on. Having a designated space for the child to do their homework is also instrumental. When the child sits in that particular area, their mind can focus. Adequate sleep is also crucial. It will help them to be focused and energetic in school.
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