On the Money Prom Spending
In this Saturday, May 12, 2012 photo, Rockford High School students dance at The Pinnacle Center during their prom in Hudsonville, Mich. Prom spending is expected to rise in 2013 to an average $1,139. That’s among families who are planning to spend some money to attend the annual affair, according to a survey of 1,025 parents of prom age teens by payment processor Visa Inc. and research company Gfk. Not included in the average were 12 percent who said they wouldn’t spend anything on the prom. A majority of parents with teenagers surveyed were still unsure how much they’d spend. (AP Photo/The Grand Rapids Press, Emily Zoladz)
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