While the blazing housing market and soaring gasoline prices have dominated the news cycle recently, nearly every aspect of the economy has been impacted by recent events. Consumer goods are no exception. Overall prices have risen 8.3% over the past year and families are feeling the pinch. Nearly 9 in 10 Americans say they have started looking for cheaper products or postponed planned purchases, according to the Washington Post-Schar School poll conducted in late April and early May.
Unfortunately, the pressure isn’t expected to stop anytime soon. This is bad news for families with children, faced with huge back-to-school shopping lists. Very soon, millions of American children will enter another school year. That means notebooks, writing materials, pens, paper, clothes for that last growth spurt, and anything else you can imagine.
Fortunately, the start of school comes as no surprise, and with a little advance planning, military families can take the pain off their wallets.
This is where Navy Federal Credit Union comes in. Budget-conscious consumers can take advantage of Navy Federal’s American Express® More Rewards Card. While tracking purchases to avoid overspending, members can earn triple points in several ways that can help back to school.
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 might be a little tight.
Your children do not have access to a bus or other means of transport to go to school and must be driven every day? No problem. The Navy Federal More Rewards card can also earn you 3x the points for gas and public transit! It also means the savings don’t stop once you’ve managed to drop the little ones for the day. Bus fares, parking fees and even highway tolls will continue to accrue these points.
While school meals are an essential part of our education system, many parents prefer to have a more direct influence on what their children eat at school and have become accustomed to preparing meals. Although the cost of food continues to rise, that doesn’t mean the age-old tradition of a meal at home should be sacrificed. The Navy Federal More Rewards Card can also earn up to 3x the points at supermarkets, so take advantage of this parenting win and keep racking up the savings while you continue to provide your loved ones with 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 don’t just save money, they can work for an end-of-school vacation, since those rewards can be spent on airfare, car rental, in goods and even in hotels!
Remember that you are not limited to the above categories either. The Navy Federal More Rewards card also earns you 1 point per dollar spent on everything else.
With the start of the school year fast approaching, what are you waiting for? Click here to find out 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 the Navy Federal Credit Union, American Express is a federally registered service mark of American Express and is used by issuer under license .
This article was sponsored by Federal Naval Credit Union.