Back in my day, there was no back to school shopping. Mom just put me in hand-me-downs and said I could get a Trapper Keeper when I got a job.
According to a new survey, parents are spending an average of $244 to send each kid back to school this year. Here are the main costs:
1. New clothes and shoes, $130.
2. Equipment for their sports or clubs, $33.
3. School supplies and a backpack, $47.
4. Technology, $34.
The survey, by Nationwide Credit Cards, also found 11% of parents will turn to their parents to get them to pay for some of that.