It’s no secret that back-to-school season can hit your wallet hard. While most parents plan for the average cost of school supplies—which can run upwards of $700 per student when you factor in backpacks, tech, and classroom essentials—many forget about the hidden expenses that pop up once the school year is in full swing.
From field trips to sports gear to late-night tutoring sessions, the school year is full of little surprises that add up fast. But with a little planning, you can stay ahead of it all. Here are a few common culprits to keep on your radar and some simple ways to budget for them:
Extracurriculars, Clubs & Sports
Whether it’s football, marching band, or a club, most after-school activities come with a price tag. Between registration fees, uniforms, equipment, and the occasional out-of-town event, things can snowball quickly. Try setting aside $20–$50 each month into a “school extras” savings bucket. That way, when those opportunities pop up, you’re ready to say yes without stressing.
Tutoring & Academic Help
Sometimes, students need a little extra support to stay on track—and tutoring can be a game-changer. But it’s not always easy on the wallet. Depending on the subject and the tutor’s experience, you might be looking at $30–$80 an hour.
If you know your child might need help in a certain subject, start exploring options early. Look into group sessions, online programs, or even peer tutoring, which can often be more affordable (and just as effective).
Field Trips & Special Events
It never fails—your kid brings home a permission slip today that’s due tomorrow, along with a $35 fee for the zoo trip. Field trips and special events are an exciting part of school life, but they can also be tough on a tight budget.
Consider setting a flat amount aside each semester for these kinds of surprises. It doesn’t have to be much, but having something set aside can make those last-minute asks a lot less stressful.
School Supply Restocks
You’d think one big school supply haul in August would do the trick, but somewhere around January, that pencil stash disappears and glue sticks run dry (especially if you have budding artists in the house). Try stocking up during those early back-to-school sales and storing extras in a closet. It’s a simple trick that can save you time, money, and an emergency run to the store midweek.
Tips to Stay on Top of It
So, how do you stay ahead of these often-overlooked school year expenses without blowing your budget? It starts with a little planning and a few smart financial habits. Here are some simple, effective strategies to help you stay prepared all year long:
- Use a Budgeting App: Keep track of recurring and one-time school expenses so you can build a realistic annual school budget.
- Set Up a Dedicated Savings Plan: Whether it’s a separate savings account or a category in your budgeting tool, having funds set aside for school-related costs can help you stay on track.
- Shop Smart: Take advantage of tax-free weekends and bulk deals early in the year.
Planning for the school year means looking beyond the supply list because small expenses can quickly add up. The good news? You don’t have to do it alone. Community Bank of Louisiana is here to support your family’s financial well-being with tools and guidance for every stage.
If you have a student heading into their teen or college years, it might also be time to start teaching them smart money habits. Our Student Checking Account is designed specifically for students under 26, giving them a secure and easy way to learn how to manage their own spending and start building financial confidence.
Take the guesswork out of school spending for you and your student. Visit your local branch to learn more and open a Student Checking Account today.