Managing School Year Expenses Beyond Back to School
CapWealth advisers share financial strategies for managing ongoing school year expenses. Families can avoid surprises by planning for activity fees, clothing checkpoints, and lunch budgets.
Insights:
Families across the United States are spending more than $1,100 per student on high school activities, up from $460 for elementary-age children. School expenses extend far beyond back-to-school sales, often catching households off guard throughout the academic year. Planning for seasonal clothing shifts and activity fees prevents budget shortfalls before credit card statements arrive.
