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What a summer it has been. The weather has been extreme this year―record rain, record heat, record flooding and record hot air in Washington, with no end in sight.

We've been lucky this year in Northern California with the heat so far (though it's maybe not so good for the farmers) and it certainly has made for an enjoyable summer.

But it's August and time to start thinking about going back to school. When I was a kid getting ready to go back to school I got a couple of new pencils, maybe a new binder, and we covered our books with paper bags. Things have certainly changed.

For the 2011/2012 school year, on average, elementary school supply costs are $530, middle school expenses are $681, and high schoolers will now have to shell out an average of $1,091 to pay for items like graphing calculators and AP exam preparation books. Ouch. And the latest talking heads report that it is the worst back-to-school shopping season in over 10 years. Sales are down 7.7%.

Not all the costs are supply related. Some of the costs come not only from school supplies but from cash-strapped schools. Many have instituted pay-to-play fees, charging students for sports, band and drama.

I saw one glimmer of cost savings as I read through quite a bit of back-to-school information. There is a new shoe on the market called the inch worm. The shoe can expand three half sizes. Of course, I didn't think they were very attractive, so good luck getting your child to wear them.

Happy back-to-school night! Halloween, Thanksgiving and Christmas are just around the corner.

Who We Are

Smart Investor is a unique wealth management firm based in Rocklin, California.  We are an independent, fee-only registered investment advisor serving entrepreneurs, small business owners, and retirement plan sponsors and participants. More

How We Define "Wealth"

For our clients, ‘wealth’ is about more than money.  It is your ability to do what you want, when you want and how you want.  Our responsibility is to help you get there. 

What We Do

We listen, rather than talk.  We gain a thorough understanding of your future needs, concerns, opportunities and goals that have a financial implication.  We then use our experience and our team to design a unique investment or financial planning strategy that reflects your personal situation. More

Why We Are Unique

Everything that we do is in alignment with the best interests of our clients, including the fee-only approach to how we charge for our services.  We define ‘what we do’ in terms of meeting our client’s needs.  We define ‘how we do this’ in terms of leading-edge investment and financial planning strategies.  We are your key trusted advisor. More