Christmas and summer school holidays are a time for fun, family and adventures. The special summer memories created at this time can see you spending a bit more than at other times of the year with present buying, festivities and summer activities. However, with some savvy spending you can manage some of the extra costs during summer break including getting the kids ready for back-to-school – it’s just around the corner!
Getting back-to-school ready
Back to school is an exciting time for children (and parents!) but it can come with a wide range of upfront costs which may be need to get your kids ‘back-to-school ready’. Some of the common things needed include:
- Stationery: If your child’s school allows you to buy exercise books from other stores, shop around for the best price and keep an eye out for the sales.
- School supplies: The older the kids get, the more complex their requirements are, i.e. scientific calculators, art and course supplies and course books.
- Class supplies: Many schools will also ask parents to provide classroom supplies like whiteboard markers, tissues, sunscreen, etc., or to contribute towards these.
- Digital devices: With increased use of technology in schools, BYOD (bring your own device) is very common and can put an additional strain on finances. Make sure you know the minimum specifications that your child’s school requires and shop around for deals. You could also look for finance offers with payment holidays or interest free terms.
- Uniform: If you manage to get an extra year or two out of the uniform of a growing child then that’s a bonus. There’s a reason parents buy oversized blazers and school jumpers! You may also be able to buy plain budget items, i.e. trousers or shirts, without the need to purchase the items from the school.
- Shoes: Kids spend a lot of time in their school shoes so it’s important to buy quality shoes that are comfortable. Cheaper options don’t always mean cheaper quality though so take note of which brands seem to last the longest (if they don’t grow out of them first!).
- Bags, lunch boxes, drink bottles: If you have last year’s supplies, check for wear and tear well before the school year starts and hopefully you will be able to get a few more months’ use out of them. Oh, and LABEL, LABEL, LABEL!
- Sports gear: New sports, new teams, new sizes, plus travel expenses – we know it’s worth it for our child’s development but sports gear can start to strain the budget alongside what’s needed for academics. If you are able to plan ahead, off-season sales are the best time to buy for sports, i.e. in winter for cricket, summer for soccer, etc. You may also consider popping sports gear items on the Christmas and birthday wish lists!
All of this can make for a very expensive time of year and it can be useful to have the ability to spread some of the costs over a couple of months. By leveraging offers like payment holidays or interest free terms you can cover the upfront costs of getting back-to-school ready and then manage payments over a period of time.
Q Mastercard and Q Card can help parents manage the upfront costs of getting kids back to school with three months zero payments and zero interest on every purchase no matter how big or small. Unlike other credit cards which may start charging interest straight away or have a minimum spend to qualify for interest-free terms, with Q Mastercard and Q Card you effectively have the ability to spread the back-to-school costs over three months.
Using Q Mastercard and Q Card
Q Mastercard can be used globally anywhere Mastercard is accepted. Q Card can be used at selected merchants nationwide like Whitcoulls, The Warehouse, Warehouse Stationery, Noel Leeming, Grab One, Kmart, Farmers, PB Tech, Rebel Sport, Number One Shoes and many more. Find the full list here.
Things you should know:
It’s quick and straightforward to apply online for a Q Mastercard. If you need help deciding if Q Mastercard is the right fit for you, have a quick chat with Bosley on the Q Mastercard website. Bosley is a chat-dog who can answer your questions about the card and can also do a quick credit check to see if you are eligible for Q Mastercard.
For more information, visit www.qmastercard.co.nz.
No payments and no interest for three months (“Payment Holiday”) is available on all Q Mastercard Standard Purchases (excludes cash advances) in store and online. Annual Account Fee of $50 applies. Standard Interest Rate, currently 25.99% p.a. applies to any outstanding balance at end of Payment Holiday. Lending criteria, fees, terms and conditions apply. Rate and fees correct as at date of publication, subject to change.
This article was written by Kidspot NZ for Q Mastercard and Q Card.