Financial Wellness
Starting College? Here's How to Stretch Your Cash.
Back-to-college shopping can easily cost hundreds—or even thousands—of dollars before classes begin. Whether you're furnishing a first apartment, replacing technology, or stocking up on everyday essentials, a little planning can help your money go further without sacrificing what you need.
These tips will help college students (and parents looking to help them) shop wisely as the semester begins.
These tips will help college students (and parents looking to help them) shop wisely as the semester begins.
- Compare prices before you buy. Check multiple retailers—online and in‑store—for items like laptops, headphones, calculators, bedding, and organizers.
- Prioritize what you actually need. Make a list and separate true essentials (notebooks, pens, toiletries, laundry detergent, chargers) from "nice‑to‑haves."
- Tap into student discounts. Many stores offer lower prices on tech, software, clothing, and school supplies with a student ID.
- Buy in bulk when it makes sense. Items like snacks, cleaning supplies, paper towels, and toiletries are usually cheaper in bulk and last the whole semester.
- Consider secondhand options. Thrift stores, campus groups, and online marketplaces often have great deals on textbooks, furniture, mini-fridges, and décor.
- Share or split costs with roommates. Things like cleaning supplies, kitchen essentials, or streaming services cost a lot less when divided.
Shop tax-free
A good time to shop is during Maryland's tax-free week, held annually starting the second Sunday in August through the following Saturday. This year's Shop Maryland Tax-Free Week is August 9-15.What's included:
- Clothing and footwear: Most clothing and footwear items priced at $100 or less per item are exempt from Maryland's 6% sales tax.
- Backpacks and bookbags: The first $40 of the purchase price of a backpack or bookbag is also exempt from the sales tax.
- Accessories: Items like jewelry, handbags, watches, ties, scarves, and hair accessories.
- Specialized clothing or footwear: Items designed for sports or protection (think cleats, helmets, protective pads, steel-toe boots).
- School supplies: Unlike some other states, Maryland's tax-free week doesn't include school supplies like notebooks, pens, and rulers.
Live outside of Maryland? Click here to find the tax-free week for your state.
Resources: Avalara.com, Comptroller of Maryland, goharsguide
