Web Extra: 3 More Ways to Save on Back to School Shopping

Aug. 18, 2011 -- intro:

"Good Morning America" financial contributor Mellody Hobson, president of Ariel Investments, appeared on the show with five tips to help you save money as you shop for back to school.

Here are three more, web extra tips to help you keep cash in your wallet, even as you stock up on school supplies.

quicklist: 1title: Wait to Shoptext: Hold off on buying new clothes for the school year. If you wait until the end of fall, those fall fashions will be on sale.

quicklist: 1title: Buy Books Onlinetext: College students should always buy textbooks online at sites like Amazon.com. They are almost always cheaper than campus bookstores.

quicklist: 1title: Hold Swap Meetstext: Consider setting up swap events through your community center, religious group, or other local places. Parents can swap items with other parents with almost no cash changing hands.