Back-to-School Shopping (Newsela)

What is one reason why fewer parents can afford back-to-school shopping?

• Decreased school enrollments

• Rising inflation and the end of pandemic stimulus checks

• Lower interest rates

• Increased school fees

Which sentence describes how parents are feeling about back-to-school shopping?

• They are anxious because supplies are running low.

• They are scared because of COVID 19.

• They are relieved because there are many sales.

• They are stressed because supplies are too expensive.

How does stimulus checks help in back-to-school shopping?

• They let people save more.

• They help parents pay off credit card debt.

• Parents have more money to help them pay.

• They help unemployed parents.

What strategies are parents using to manage expensive shopping?

• Taking advantage of early sales

• Buying online products only

• Buying luxury items

• Only buying pencils and notebooks.

What financial burden are parents risking when shopping for school supplies?

• They have no debt

• Taking on debt

• Their supplies will come late

• The supplies will run out

What is one consequence if inflation on essentials doesn't decrease?

• Parents may start shopping at more expensive stores

• Parents will spend more on non-essential items

• Parents will start to save more

• Parents will avoid back-to-school shopping altogether

What's an example of "inflation"?

• I have two children so I spend double on supplies

• The pack of pencils were $12.99, and after the sale they are $9.99

• Gas prices were $1.85 in 2005, and they are $3.79 in 2024

• I was making $20/hr, and after my raise I now make $25/hr

If someone is "budget conscious," what might they do when shopping for groceries?

• • Purchase only luxury items.

• • Buy whatever they want without checking prices.

• Look for sales and discounts

• Shop online only

What does it mean if your savings have been depleted?

• • Your savings are running low or gone.

• • You have saved more money than expected.

• • You have just started saving money.

• • You have decided not to save any money.

If you are in debt, what is your financial situation?

• • You have money that others owe you.

• • You owe money to others such as banks.

• • You have a big savings savings.

• • You are free of any financial obligations.