The bad news: summer is over. The good news: This week school starts for many children, so that everyday life will be regulated a little more for many families. But not many families are positive about starting school. It is often simply because of the costs that come up when you start school.
What it really costs to start school
School bag, backpack, festive clothing, family celebration. Sounds like a little for the beginning of school, but can be quite expensive. For example, the filled school bag alone costs up to € 80 – and that is only a small part of the costs. A modern backpack can cost up to 200 USD. Clothing costs can far exceed the cost of a backpack and you can lose hundreds of USD. It was not yet celebrated in the family circle. If you go to a restaurant, the cost for several people can be in the four-digit range. And then school supplies, meals, etc. No wonder that many people find it expensive to start school.
If the cost is too high
There are many parents who find spending in the four-digit range not so bad. But there are also enough parents who have difficulty taking a few hundred USD out of their pockets and spending on school supplies and for the party. So many face the question of what to do and where to get the money from. Here are a few tips.
For one thing, there are enough organizations that support low-income families when they start school. On the other hand, individual congregations sometimes step in and support the families with school children when they have difficulty in paying the costs. There is special support from the authorities for single parents.
There is, however, a category from the parents who are not entitled to any help. Or those who don’t want to ask for help. In such cases, there are other options, for example in the form of a bran credit.
Small loans are usually easier to get than the normal ones: the sum is comparatively small, the salary does not have to be so high, the term is clear. You can get a loan both at the house bank and at a credit broker. For example, Creditend or Credither give small loans from as little as $ 1,000. The loan can be paid off after just 1 year. If desired, the loan term can be paid off over a longer period.
Conclusion: Back to school is a costly affair for many parents. In Germany, however, there are many organizations that are ready to help lower-income parents, and various offices can do that. There is also the option of borrowing the required amount from the bank or credit broker. This is a good alternative for those who do not want to rely on the help of others or for those who do not get support.