Parents Worry About Increasing Cost Of School Supplies

The video discusses the challenges parents face with back-to-school expenses due to inflation. It highlights the increased costs of school supplies and clothing, and offers budgeting tips such as shopping during sales and buying in bulk. The National Retail Federation reports significant increases in spending on school and college supplies. Despite higher costs, families continue to spend, with average expenses reaching $860 for K-12 students and $1200 for college students. Community organizations are stepping up to help families by providing essential supplies and services.

What new insight or understanding did you gain from this video?