By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Back to school: Rising school supply costs are driving the second-hand market
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Back to school: Rising school supply costs are driving the second-hand market
Business

Back to school: Rising school supply costs are driving the second-hand market

By admin 5 Min Read
Share
SHARE

The start of the school year is usually synonymous with a lot of expenses for families. There are new books to buy, school materials, uniforms, sportswear… A long list, sometimes endless, that makes family spending skyrocket when September arrives.

Contents
The second-hand market is gaining in popularityOther tips to avoid being ruined by the back-to-school season

The amount of money that parents in Spain will have to spend to provide their children with the necessary material for the return to school in the 2025-2026 academic year is the highest in the last seven years. Specifically, households will spend an average of more than €500 per pupil, compared to around €492 spent during the previous school year, according to Statista data.

The products that respondents will buy most during the back-to-school period will be school supplies, with 84% of those surveyed mentioning them; books (73%); and clothes (70%). Of particular note is the 16% who say they also intend to buy computers and electronic devices.

This significant outlay may decrease in some autonomous communities, such as Andalusia. According to data from the Cetelem Observatory, the average spending forecast by Andalusians for the back-to-school season in September stands at €340. This represents 19% less than the national average.

As the prices of books, uniforms and school supplies skyrocket, many families are looking for options to try to save money. This time of year is a particular challenge for low-income families. According to the Plataforma por la Infancia (Platform for Children), 34% of children in Spain live at risk of poverty.

The second-hand market is gaining in popularity

As for borrowing books or buying second-hand, these are options that many of those surveyed are considering, in order to reduce their expenditure.

The ‘Vinted phenomenon’ has spread from the second-hand clothing market to Christmas gifts. Inflation and increased environmental awareness has boosted the market for second-hand clothing and accessories in recent years. By 2030, it could be double the size of the fast fashion market, according to experts.

In the case of school supplies, 64% of those surveyed in Andalusia stated that they would reuse materials from the previous school year as far as possible, while 36% indicated that they would opt for second-hand purchases.

27% of Andalusians said they would take advantage of book lending programmes. More and more families are turning to second-hand, especially in the case of textbooks. There are buying and selling platforms such as Wallapop or Milanuncios, as well as local initiatives in schools and parents’ associations that organise exchanges. This practice not only saves up to 50% of school supply expenses, but also encourages more sustainable consumption.

Choosing second-hand supplies can save up to €400 in total during the back-to-school period.

Other tips to avoid being ruined by the back-to-school season

Here are some tips to make the back-to-school outlay less of an uphill struggle:

  • Take stock and buy only what you need. Reusing school supplies that can still be used from previous years is essential for saving money. It is advisable to make a list of what is really needed to avoid duplicate and unnecessary purchases.
  • Comparing prices and taking advantage of online offers is another saving option. The Internet can be an ally when buying school supplies. In addition, department stores and e-commerce launch discount campaigns in August and September.
  • Group buying is a little explored but very effective option: parents from the same class or school can organise themselves to buy material in bulk and get better prices on lots of books and school material.
  • It is possible to stagger purchases throughout the school year, prioritising the basics and leaving the rest for later. This allows you to take advantage of autumn promotions or even the Black Friday sales. Staggered shopping avoids the economic impact concentrated in September.

You Might Also Like

Trump will address the nation about the Iran war on Wednesday. Here’s what to expect

ETMarkets Smart Talk | FII comeback will be key trigger for next rally in Indian markets: Saibal Ghosh

The SpaceX IPO is great — but it won’t deliver 100x returns 

Bulls take stage as markets hope it's curtains on war

Down 10% in a month with a near-7% yield — are Aviva shares the perfect ISA buy?

TAGGED: Business News
Share This Article
Facebook Twitter Copy Link
Previous Article Asian shares join global rally before US jobs data
Next Article Trump will seek ‘Department of War’ rebrand for Pentagon
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Super Mario Galaxy Movie’s Charlie Day Ranks Luigi Mangione As His 2nd Favorite Luigi
Gaming News
Game on in Sin City: How Las Vegas is betting big on sports tourism and major events
Travel
Trump will address the nation about the Iran war on Wednesday. Here’s what to expect
Business
Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit
Crypto
OpenAI closes larger than expected funding round of $122bn
Tech News
Is the EU done with member states using vetoes as a power move?
World News
Crypto ATMs Face Ban In Massachusetts City Amid Scam Concerns
Crypto

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Super Mario Galaxy Movie’s Charlie Day Ranks Luigi Mangione As His 2nd Favorite Luigi

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Super Mario Galaxy Movie’s Charlie Day Ranks Luigi Mangione As His 2nd Favorite Luigi
April 2, 2026
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?