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Your Child’s School Needs More Money
By plrprousers | March 21, 2010
Schools Are Affected By the Recession
It seems to never end—the streams of money that my children’s schools are expecting me to give to them just so they can either go on field trips or buy team shirts. Even when I try avoiding these money requests, it never seems to end. Should these money requests not end, I will have to take out a payday loan. If the recession is affecting everyone, there is no need to continue asking the parents to shoulder the burden. What can be done about this? Millions of parents across the nation are facing this exact same thing. If you want to stop the endless stream of money seeming to leave your account to go to the school, follow these tips.
Budget Often and Budget Well
If your child is constantly bringing home notes that ask you for money for everything under the sun, it may be hard to budget this. Once they do this, you have a benefit to work with. Create a budget for these expenses. When these notes come home, be sure to notice the due date. This is going to be after your next payday. You will have some time to put this expense in your budget. It may still be possible for you to pay the many expenses the school expects you to pay.
When you make a budget, whether it is two weeks or a month at a time, make sure you are allowing money to go for school expenses. Choose how much you think will be needed and then allow about $ 10 above that amount. This will allow you to have the money ready should your little angel bring home more expense notes. You cannot spend this money should you not have to cover for school expenses. By the end of the pay period, you can put this into your savings account. Your money can then grow for other purposes.
Choose Your Costs
Can you choose your expenses? Any and every expense note that comes home is not required to be paid. While your child may tell you otherwise, fund raisers and other events are optional. All of the things are optional, even though some may be for school or curriculum related events. Curriculum related items only get paid for from my pocket, while I ignore the rest. Choose only the expenses you will pay, and then wait until the last possible minute to pay, especially if your next payday must come first.
Let The School Know Your Situation
If you just do not have the money to pay on time for an expense such as a field trip, try calling the school. Let them know your situation, and see if you can pay late, or even have this waived. You may be able to prevent taking a payday loan if they are willing to work with you on any of the curriculum related expenses. In case you have to do this, be sure you know how to avoid paying the high interest rates.
It’s Not a Requirement
Remember—you do NOT have to pay for everything your child brings home. You may be able to get certain school fees waived if your district requires them at the beginning of the year. A free or reduced meals status will have the school waiving the fees for you. It is possible to negotiate some fees, but you must pay the others. Choose your own expenses that you will pay. Throughout the year, if you follow these tips, you can take out less payday loans.
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