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Back to School Savings: Top 5 Tips For Parents

27th August 2023

As September looms, parents across the UK will be preparing for the return of schools. Back to school time is bittersweet, especially after six weeks of fun-filled holidays. But one thing that makes returning to school even tougher — its effect on your personal finances.

From uniforms to stationery, ensuring your kids are ready for the start of the school year costs a lot. However, you don’t have to tighten your September budget. The Cash ASAP team has put together some expert tips to ensure our readers with kids are armed with savings tips before the academic year starts. Let’s dive in.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £359.71 in monthly instalments of £74.65, £71.73, £64.05, £58.76, £49.75 and £40.77. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.9% APR


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