Joe Diamond photo

Joe Diamond, CPA, CFP®, EA, MST


Diamond Financial Corporation

4256 North Arlington Heights Road, Suite 204

Arlington Heights, IL 60004


Phone: 847-884-8500 




July/August 2020

Back to School Spending Stats

Back to School Spending Stats

Parents of students know summer ends with the added expense of back-to-school shopping. Here’s how to survive this unavoidable annual ritual while keeping your expenses down.

  • Buy computers with lower speeds and less storage. Higher levels of speed and space cost more and are more likely to be beneficial for gaming than for school research.

  • Shop at dollar stores for everyday items including writing instruments, binders and paper.

  • Kids lose things, including laptops and smartphones, so insure them against loss and other damage.

  • Textbooks are expensive, particularly those needed in college. Save lots of money by buying used, renting, borrowing or downloading e-books.

  • Accept hand-me-downs. If your kids have to wear uniforms and they’re the same as used ones in good shape, choose the less-costly used option.

  • Shop in bulk. Team up with family, friends and neighbors to buy common school supplies in bulk.

  • Wait for sales. If you can hold off, you may find better prices on electronics and clothing during the holidays than in the back-to-school sales season, when retailers figure they have you cornered.


Enter your Name and Email address to get
the newsletter delivered to your inbox every month.


Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Advisory Services offered through Diamond Financial Corporation, Registered Investment Advisor. Custodial Services provided by TD Ameritrade. Member FINRA/SIPC/MSRB.
Tax Preparation provided by Diamond Financial Corporation.
Diamond Financial Corporation and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.