Time to go back to school

Group Hands Holding Letter Back School Concept

Summer hasn’t quite waved goodbye, but as we soak up these last few days in the sun it’s time to plan for the upcoming academic year. Many area students will head back to the classroom this month.

While it’s always sad to see summer vacation come to a close, the start of a new school year is an exciting time. From fall sports to new academic challenges, going back to school can provide a nice change of pace for both students and parents. However, extra expense is one aspect of going back to school that can be stressful for families. Fortunately, there are things you can do to not break the bank with back to school shopping.

To eliminate unnecessary expenses contact your child’s school and request a supply list. Many schools already have supply lists available, which are typically organized via grade level. Supply lists will help you avoid wasting money on items already provided by the school. You will also save money by knowing exactly what to purchase.

Save even more in Ohio by taking advantage of the upcoming Sales Tax Holiday, slated for midnight Friday, Aug. 3-11:59 p.m. Sunday, Aug. 5. All sales tax will be exempt from purchases of clothing $75 or less along with school supplies and instructional materials for $20 and under. The exemption applies per item, not total transaction. Online and phone orders purchased during the Sales Tax Holiday will be eligible for the exemption as well.

According to the Ohio Department of Taxation, school supplies $20 or less that are eligible for the exemption include the following: binders, book bags, calculators, cellophane tape, blackboard chalk, compasses, composition books, crayons, erasers, folders, glue, paste, highlighters, index cards, index card boxes, legal pads, lunch boxes, markers, notebooks, loose-leaf paper, copy paper, graph paper, tracing paper, manila paper, colored paper, poster board, construction paper, pencil boxes, pencil sharpeners, pencils, pens, protractors, rulers, scissors and writing tablets. For more information on what clothing items qualify, visit https://www.tax.ohio.gov/sales_and_use/salestaxholiday/holidayfaq.aspx.

If you are unable to take advantage of the Sales Tax Holiday, ask area retailers about any upcoming discounts or sales on school supplies. As for clothing, many summer pieces are already marked down as fall and winter clothes have hit the main racks. With school starting in mid-August, your child should be able to wear summer clothes for the first month or so. At the rate younger children outgrow their clothes, consider shopping at consignment shops to save money.

Another expense the new school year brings is added lunch costs. Fortunately many of our area schools offer free lunch programs. Call your child’s school to see if they participate. If your school does not have a free lunch program or if you simply have a picky eater, planning is key to save money on school lunches. Include school lunch costs in your monthly budget. Preparing meals in advance can save both time and money. Involve your child in the process by letting them help pack and choose their food. By involving your kids in lunch planning, it will avoid food going to waste and can be a financial lesson as well. Always check your local grocery store and newspapers for coupons to cut down costs.

Locally, students will return to school the following dates:

  • Mason County Schools – Wednesday, Aug. 15
  • Miami Trace Schools – Wednesday, Aug. 15
  • Washington City Schools – Wednesday, Aug. 15
  • Gallipolis City Schools – Thursday, Aug. 16
  • Eastern Local Schools (Pike) – Thursday, Aug. 16
  • Westfall Schools – Thursday, Aug. 16
  • Western Local Schools – Thursday, Aug. 16
  • Cabell County Schools – Monday, Aug. 20
  • Jackson City Schools – Monday, Aug. 20
  • Southern Local Schools – Monday, Aug. 20
  • Madison-Plains Schools – Monday, Aug. 20
  • Gallia County Schools – Tuesday, Aug. 21
  • Meigs Local Schools – Wednesday, Aug. 22
  • Wellston Local Schools – Wednesday, Aug. 22
  • Oak Hill Union Local Schools – Wednesday, Aug. 22
  • Eastern Local Schools (Meigs) – Thursday, Aug. 23
  • Waverly City Schools – Thursday, Aug. 23

Ohio Valley Bank offers best wishes for another great school year. For information on OVB’s financial literacy programs, visit http://www.ovbc.com or e-mail OVB Financial Literacy Leader Hope Roush at hdroush@ovbc.com.

 

 

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