In today's economy, most everyone is concerned with saving money, but as a mother of seven children, Ellie Kay is more familiar than most with how back-to-school shopping can put a dent in the family budget. That's why Upromise, Sallie Mae's saving for college program, Bank of America and MasterCard have teamed up with Kay, America's Family Financial Expert, to share with parents specific savings tips for back-to-school shopping.
Kay's advice demonstrates how easy it is for parents to save on back-to-school purchases at more than 650 of their favorite online retailers, while also earning money for their childrens' college education fund through the Upromise program .
1. Layer the Savings -- When shopping online, look for sale items where you can also use a coupon or code to save even more on the price, shipping, or by getting free products. With the economy forcing parents to make hard decisions about what's really a necessity, putting a little research into finding extra discounts can add up to big savings.
2. "Double Dipping" -- To maximize limited back-to-school shopping dollars, look for items that have good value, but also look to shop at locations where you can have a percentage of that purchase deposited into your child's college savings account. Combined with the savings offered by the Upromise
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