“Sending my son back to school this month has been really hard. His father, who usually pays for school fees and books, recently lost his job and had nothing to contribute. I’ve had to borrow from friends to pay the fees, and most of the books have not been bought yet. How can I prevent this from happening again next year?”

School is in and many parents are still reeling from the effects of back-to-school expenses. Some may feel that September comes around too quickly, as they are never quite financially ready to meet the major expenses that this month brings.

Some people rely on using ‘partner’ plans or borrowing from credit unions to meet the September back-to-school costs. However, these strategies might not be enough to take care of the regular monthly and term expenses that will arise throughout the school year. Continue reading Save Now for Back to School →