Tips on surviving back-to-school season

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It’s officially back-to-school season, and if you or your child are headed back, it may be an overwhelming time. The National Retail Federation predicts an average of $696.70 will be spent by families with students in elementary through high school, and an average of $976.78 spent by families with college students. Both amounts are higher than last year’s averages.

In addition to financial stress, parents also worry about protecting their children’s safety. Children and young adults often are targets of identity theft, as they have no credit history or questionable past banking transactions. If their identity is stolen, it may not be discovered for years.

 

 

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