Your money is limited and time is short. Here is my best advice to make sure back-to-school clothes shopping doesn’t send you to the poorhouse.

Set spending limits. Time to get real. How much money (not credit) do you have available for school clothes? Write it down.

Take an inventory. Sort through your kids’ clothes and decide which ones you want to keep and which ones they don’t wear due to wear and tear, or because they no longer fit. This gives you a clear idea of what you have, and what you need to buy.

Sell the old to buy the new. If you have gently used clothes in good condition, sell them and use the money towards the purchase of back-to-school clothing. You can sell on eBay or on Craigslist, at a garage sale or by taking them to a resale consignment shop to sell or use as trade items.

Assess needs. Not every child will have the same needs when it comes to school clothes. What is reasonable? Now divvy up the money you have against the children’s needs then moving on to wants until all the money has been appropriated.

Start with new shoes. There’s nothing like a new pair of shoes to get kids in the mood for the first day of school. Shoes are so satisfying, this will take the edge off the raging case of the “I wants” that your children may have picked up somewhere. And a new pair of shoes even make last seasons’ clothes perk up. Read more