Back-to-School Budgeting for Families in Rochester, NY

Why Back-to-School Season Impacts Your Finances

For many families in Rochester, NY, the back-to-school season brings more than just the return of homework and early mornings — it also means significant expenses. From school supplies and clothing to sports fees and technology, the cost of sending kids back to school can quickly add up. Without a budget, these costs can strain household finances and throw off your broader financial goals.

At Nacca & Capizzi, we understand the pressures families face during this time of year. That’s why we’ve put together these tips to help you budget wisely and keep your finances on track during the back-to-school season. And remember — our team is always here to help you build a customized financial plan that fits your needs. Contact us today to schedule an appointment.

Review Last Year’s Expenses

Before you start spending, take a look at what you spent during the previous back-to-school season. This includes everything from notebooks and calculators to new shoes and lunch supplies. Identify categories where you overspent and areas where you can cut back this year. This historical perspective will help you build a smarter, more accurate budget.

Set a Realistic Budget Based on Your Current Finances

Once you know what to expect, set a total back-to-school budget and break it down by category: supplies, clothing, electronics, extracurriculars, and transportation. Be sure to assess your current income and expenses — and don’t forget to account for other fall costs, like Halloween or fall sports.

Stick to the Essentials First

Focus on the items your child absolutely needs for the first few weeks of school. Prioritize essentials like required school supplies, classroom fees, and any specific items from the teacher’s list. Delay non-essential purchases like trendy clothes or expensive tech gadgets until later in the season, when sales and promotions may help you save.

Take Advantage of Sales and Tax-Free Days

Keep an eye out for local back-to-school sales in the Rochester area, and consider shopping during New York’s tax-free clothing exemption period, which applies year-round to eligible items under $110. Comparison shop online before heading to the store, and use digital coupons or cashback apps to stretch your budget further.

Involve Your Kids in the Budgeting Process

Back-to-school budgeting is a great opportunity to teach your children about money. Set a spending limit for certain items, such as clothing or supplies, and let your child make choices within that budget. This promotes financial literacy and encourages them to prioritize needs versus wants.

Plan for the Unexpected

Include a small buffer in your budget for surprise expenses — an extra field trip fee, a replacement backpack, or new cleats for soccer. Planning for the unexpected helps ensure you won’t need to dip into savings or rely on credit cards to cover shortfalls.

Track Expenses in Real Time

Keep a running tally of your back-to-school spending to avoid going over budget. Use a budgeting app, spreadsheet, or even a simple notebook. Seeing where your money is going in real time helps you make smarter choices throughout the season.

Consider Long-Term Financial Planning

Back-to-school season is a great time to step back and look at your overall financial picture. Are you saving for college? Do you have a budget that works year-round? Are you prepared for unexpected expenses? If not, now is a great time to work with a financial professional to strengthen your financial foundation.

The team at Nacca & Capizzi offers more than just tax help — we offer year-round financial guidance. Our CPAs can help you create a sustainable budget and financial plan that works for your entire family. Ready to take control of your finances? Reach out today.

Resources to Help You Plan

• Financial Services for Individuals
• Estates and Trusts

Looking Ahead

Budgeting for back-to-school expenses is just one piece of your financial puzzle. If you’re ready to create a plan that helps you save money, reduce stress, and build toward your goals, the professionals at Nacca & Capizzi are here to support you every step of the way. Don’t wait until next tax season to get organized. Schedule your consultation now and start building a better financial future.