As summer vacation comes to an end, many parents are dreading the thought of facing a huge back-to-school shopping bill. According to the National Retail Federation, parents spend an annual average of almost $700 on school supplies. Here are five cost-cutting tips to help you save money on back-to-school shopping. 1. Roundup the Supplies You Have: Before you go out and buy all new materials, take stock of what your kids still have from last year’s supplies. 2. Visit the Local Dollar Store: When it comes to basic supplies such as pens, paper and notebooks, the Dollar Store often offers these items for significantly lower prices. 3. Deal Hunt for Big-Ticket Items: Coupon searching can be time consuming, so try to focus your efforts on the more expensive items you’ll need to purchase. 4. Only Buy What You Need: Most stores mark up their prices during back-to-school time, so if there are supplies you don’t immediately need, wait until after school starts to purchase them. 5. Spend Time Shopping Online: Shopping online not only saves time, but it also helps you stay true to your shopping list and only buy what you need.