The 2024-2025 school year is quickly approaching, which means school supply shopping is also on the horizon. A new report indicates that parents of school-aged children or college students, are expected to pay an average of $541 this year on supplies and clothing.
Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.