Extras like eating pizza can break the piggy bank.
06.09.11
“We have to send liquidate and it has to be exact change,” says Ms. Omar, a 39-year-old mouthpiece and professor at Toronto’s Seneca College.
She’ll mostly draw $20 to $30 a month from the jar, one more thing to budget for on top of the hundreds she spends on lunches, sports and after-discipline programs for her kids. “It’s expensive. It’s indubitably expensive. And you can’t do everything,” she says.
Parents, you may have condign parted with a few hundred dollars to outfit your kids with school supplies and clothes for their put in an appearance again to the classroom, but the hits will keep on coming right until June.
Between hot lunch programs, snacks for grade parties, book fairs and after-school gymnastics, budgeting for the credo year goes far beyond those late-August runs to the favour-supplies store. But most families don’t prepare themselves for the extra costs.
Last month, RBC commissioned an Ipsos Reid ballot on school-related spending. Of the 1,010 parents surveyed, 34 per cent said they were location a budget for the year, meaning the majority weren’t undisputed on how much the year would cost and had a pay-as-you-go mindset.
Source: Globe and Mail