As the college bells ring, so do the money registers.
Reply: Households with youngsters in elementary by way of highschool plan to spend a mean of $858.07 on clothes, sneakers, college provides and electronics. (down $874.68 final yr)
Questions:
- How may the typical spending differ throughout totally different areas or revenue ranges?
- How can households price range successfully to handle back-to-school bills?
- How may the rise of on-line purchasing have an effect on the quantity households spend on back-to-school gadgets?
Listed here are the ready-to-go slides for this Query of the Day you should use in your classroom.
Behind the numbers (Nationwide Retail Federation):
“Households with college students in elementary by way of highschool plan to spend a mean of $858.07 on clothes, sneakers, college provides and electronics, down from $874.68 in 2024. Regardless of households budgeting much less this yr, barely extra customers are buying attire and electronics, driving anticipated complete spending to $39.4 billion, up from $38.8 billion final yr..”
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About
the Writer
Dave Martin
Dave joins NGPF with 15 years of educating expertise in math and laptop science. After becoming a member of the New York Metropolis Instructing Fellows program and incomes a Grasp’s diploma in Schooling from Tempo College, his educating profession has taken him to New York, New Jersey and a summer season within the north of Ghana. Dave firmly believes that monetary literacy is important to creating well-rounded college students which might be ready for a fancy and extremely aggressive world. Throughout what free time two younger daughters will permit, Dave enjoys video video games, Dungeons & Dragons, cooking, gardening, and taking naps.
