You are paying WHAT for your child to go to prom?

MGN Online credit: SirGrok at wikipedia
Thursday, April 10, 2014 - 7:45am

Designer gowns, oversized limousines and over the top spending. It's become quite the norm in recent years when it comes to senior proms, but a new survey suggests the prom spending bubble has popped.

Teens and their families expect to spend an average 978 dollars on prom this year. That's still a lot but it's down 14 percent from 11-hundred-39 bucks last year. Visa surveyed more than 12-hundred parents of prom-aged teens for this study.

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