Preparing for a new school year is a double challenge for parents: ensuring school supplies are ready while also managing financial planning for their child’s future.
As part of its vision, IKEA remains committed to creating a better everyday life for the many. One way it does this is by supporting smarter financial management during a child’s school years.
During the "
Back to School" campaign held at IKEA Jakarta Garden City (JGC), Ririn Basuki, PR & Communication Manager of IKEA Indonesia, expressed hope that IKEA products would serve as inspiration and practical solutions for affordable, high-quality school needs.
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How to manage your finances for your child’s school needs
With education costs rising every year, parents need to develop a wise and sustainable financial strategy. Without proper planning, school expenses could place a strain on the family’s finances.
According to financial planner Rista Zwestika Reni, creating a dedicated budget for school-related needs isn’t just about crunching numbers. It’s also about giving parents peace of mind. It helps guide their child’s educational journey without disrupting overall financial stability.
Here are a few practical tips to help manage school-related expenses effectively:
Set up a dedicated savings account and save regularly
Put aside a portion of your monthly income in an education savings account. Saving consistently, even in small amounts, can yield meaningful results over time. Parents can also explore educational savings products or medium-term investments based on their risk profile.
Understand the full scope of school-related costs
Before enrolling your child in school, find out early about the total expenses, including registration fees, tuition, books, uniforms, and extracurricular activities. Visiting the school’s administration office will typically provide a detailed breakdown of costs. Knowing the full range of expenses allows parents to set a more realistic budget and avoid unexpected spending.
Prepare an emergency fund for unplanned school needs
Exploration is an exciting phase for children. Activities like competitions or study tours help them develop their interests and talents.
Sometimes schools request extra funds for things like field trips, competitions, or urgent supplies. That’s why it’s important to have a backup fund ready, so these needs can be met without affecting the family’s main budget.
Take advantage of promotions when shopping for school supplies
School supply promotions are often available before the start of a new academic year. Shopping for essentials like desks, notebooks, and pens can be more affordable if parents are smart about using seasonal deals or discounts.
As a global brand that encourages smarter spending, IKEA's "
Back to School" campaign returns to offer an enjoyable shopping experience for both parents and children. IKEA’s sustainable school products are designed to meet your needs, without breaking the budget.
Get inspired by IKEA Indonesia to create a cozy and functional study space