Nearly 40 per cent of parents put money into their savings throughout the year to budget for back-to-school expenses. But 80 per cent of parents buy what they need during the holidays. While that may be convenient, it could be cheaper to buy during sales periods.
Keep saving, even when you've accounted for all the essentials to get your child back to school. The school year itself can contain more costs, with nearly 70 per cent of parents having to pay for school trips.
Many parents polled mentioned additional expenses, with over a quarter being asked by the school to buy books. Some parents also have to fork out extra for charity events and after-school activities.
More than a quarter of parents expect to spend £6 to £10 per week on school travel. But a smart 51 per cent of parents save money by having their kids walk to school. If it's too far to walk, check to see if discounted travel passes for children are available in your area, or look out for a lift-share.
And of course, make sure you're claiming any welfare you're entitled to, such as child benefit.