How to Save on Back-to-School Expenses

A mid-July survey by U.S. News & World Report shows that more than three-quarters of Americans – about 77% – are moderately or very worried about being able to pay for back-to-school expenses. Add those who are at least a little worried, and the total who are concerned jumps to nearly an astounding 96%.

For the 12-month period ending in June, inflation rose 9.1%. This is the largest 12-month increase since the end of November 1981, and it has helped create a much more expensive school year.

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