BACK-TO-SCHOOL ON A BUDGET
According to the National Retail Federation, the average cost for back-to-school spending for families with children in kindergarten through 12th grade is around $650. In total, families spend $26.7 billion dollars for K-12 children. When you add in college-aged kids, the number soars to $72.5 billion. The biggest cost for back-to-school shoppers is clothing and accessories, followed by electronics – and those costs often hit all at once. However, K-State Research and Extension family resource specialist Elizabeth Kiss says prioritizing needs versus wants will allow shoppers to spread those costs over a longer period.
7/2/2014 7:00:00 PM