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Linda GeistWriterUniversity of Missouri ExtensionPhone: 573-882-9185Email: GeistLi@missouri.edu
Published: Tuesday, July 23, 2013
Lucy J. Schrader, 573-882-4071
COLUMBIA, Mo. – Talk now. Shop later. That’s the advice a University of Missouri Extension family financial planning specialist gives parents who will soon be heading to the malls for back-to-school shopping.
Begin frank conversations about budget limitations long before you go to the stores, says Lucy Schrader. Giving children information in advance will help reduce stress and make the outing a fun family day.
Give children specific and realistic dollar amounts about what you are willing to spend on a back-to-school wardrobe, she said.
Do your homework before you shop to get an idea of how much things will cost. This gives parents an opportunity to set realistic budgets.
Schrader also offers the following suggestions before shopping day:
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