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Cut Prom Costs Without Cutting Fun

Many people fondly remember their high school proms. But while proms make great memories, they also can break the bank. Prom can be an expensive rite of passage. A 2015 survey from Visa indicated the average American family planned to spend about $900 on the prom, with parents contributing as much as 75 percent of those costs. Similarly, Visa Canada’s survey showed households with teens were prepared to spend an average of $500 on prom

Categories: Advice and Saving.