How to save money on back-to-school supplies
How to save money on back-to-school supplies
From dorm decor to pencils and backpacks, families are feeling the back-to-school pinch. CBS News MoneyWatch correspondent Kelly O’Grady shows how to cut costs on supplies.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The CBS News video appears to be mostly accurate in its general premise that back-to-school shopping can be expensive and that there are ways to save money. The bias is minimal, presenting practical advice without strong emotional language, though the selection of 'feeling the pinch' suggests a slight slant. The analysis is based on the snippet provided, as the full video content is not available.
Detailed Analysis:
- Claim: Families are feeling the back-to-school pinch.
- Verification Source #1: Consumer Reports discusses how to save money on back-to-school shopping, implying that it can be a financial burden.
- Verification Source #2: Ramsey Solutions provides advice on budgeting for back-to-school, suggesting that it requires financial planning.
- Assessment: Supported. Multiple sources acknowledge the financial strain of back-to-school shopping.
- Claim: There are ways to cut costs on supplies.
- Verification Source #1: Consumer Reports provides various strategies for saving money on back-to-school shopping.
- Verification Source #2: Ramsey Solutions offers tips on how to save money on back-to-school shopping.
- Verification Source #3: NerdWallet provides advice on thrifty back-to-school shopping.
- Verification Source #4: Clarendon Hills Bank lists money-saving hacks for back-to-school shopping.
- Assessment: Supported. All sources provide strategies for saving money on school supplies.
Supporting Evidence/Contradictions:
- Source 1: 'Go shopping with a plan. Set a budget for back-to-school shopping before you go to stores, then figure out how much you can spend for various…'
- Source 2: 'All those one-time school supply items can go in a separate budget line item. 3. Save on clothing by seeing what you already have. Kids grow…'
- Source 3: 'Audit what's already in your house · Check the sales, spread out the shopping · Use technology to save money · Keep sales tax holidays in mind · Be…'
- Source 4: 'Scoring bulk deals on school supplies is another great way to save money, especially if you find other parents willing to split the expense. If…'