While the blazing hot housing market and sky-rocketing gas prices have been dominating the news cycle recently, almost every aspect of the economy has been affected by recent events. Consumer goods are no exception. Overall prices are up 8.3 percent in the past year and families are feeling the pinch. Nearly 9 in 10 Americans say they’ve started bargain-hunting for cheaper products or putting off planned purchases, according to the Washington Post-Schar School poll conducted in late April and early May.
Unfortunately, the squeeze isn’t likely to let up soon. That’s bad news for families with children, facing enormous back-to-school shopping lists. Very soon millions of American kids will be stepping into another academic year. That means notebooks, writing material, pens, paper, clothes for that latest growth spurt, and anything else you can imagine.
Luckily, the beginning of school isn’t a surprise, and with a little bit of pre-planning, military families can reduce the pain on their wallets.
That’s where Navy Federal Credit Union comes in. Budget-savvy consumers can take advantage of Navy Federal’s More Rewards American Express® Card. While tracking purchases to avoid overspending, members can earn triple points in many ways that can help with back to school budgets.
Restaurants and food delivery can earn you 3x the points, so taking the family out to dinner or treating yourself doesn’t have to go away just because things may be a little tight.
Do your kids not have access to a bus or other transportation option for school, and need to be driven each day? Not a problem. The Navy Federal More Rewards card can get you 3x the points for gas and transit too! That also means the savings don’t stop once you’ve successfully dropped off the little ones for the day. Bus fare, parking fees, and even highway tolls will keep those points racking up.
While school lunches are a vital part of our education system, many parents prefer to have a more direct influence on what their kids are eating at school and have made it a practice to pack lunches. While food costs continue to rise, that doesn’t mean to have to sacrifice the time-honored tradition of a meal from home. The Navy Federal More Rewards card can also earn up to 3x the points at supermarkets, so take that parenting win and keep racking up the savings as you continue to provide your loved ones their healthy alternatives, or maybe just a little extra snack to get them through the day.
Those reward points will add up faster than you think. With a well-designed budget, families aren’t just saving money, they can be working toward an end-of-school vacation, since those rewards can be spent on airline tickets, rental cars, merchandise, and even hotels!
Remember, you’re also not limited to the categories above. The Navy Federal More Rewards card also gets you 1 point per dollar spent on everything else.
With Back to School just around the corner, what are you waiting for? Click here to learn more, including how you can apply for your More Rewards card today.
This article was sponsored by Navy Federal Credit Union. The Navy Federal More Rewards American Express(R) Card is issued and administered by Navy Federal Credit Union, American Express is a federally registered service mark of American Express and is used by the issuer pursuant to a license.
This article was sponsored by Navy Federal Credit Union.