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Eric Petersen


Working Overtime For Prom Money?!

According a survey by Visa, it'll cost kids $1,139 to go to the prom this year.  That's a 5% increase over last year . . . which means that prom costs are rising faster than inflation

Families who make less money will spend about $100 MORE than richer families . . . and single parents will spend almost TWICE as much as married parents.

Is this true? Are proms actually costing parents over eleven hundred dollars?

I am quite sure that tux rental and floral cost never reached $200.00 in my day (said the 47 year old)... But, even adjusting for inflation, is it possible that I could shell out almost 6 times as much today, or do boys costs for prom necessities not factor into this survey?!

Help me understand these numbers... someone!

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04/25/2013 10:21AM
Working Overtime For Prom Money?!
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