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Financial Literacy for Everyone

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Prom Spending

American households with teens are reining in spending this year on prom to $978 – 14% less than last year's $1,139 – according to a new nationwide survey released by Visa Inc. To help combat the high cost of prom, Visa launched a free smartphone app that helps teens and parents budget for every prom-related expense.

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Plan'it Prom Available for iOS and Android

To help combat the high cost of prom, Visa's free app helps teens and parents budget for every prom-related expense.

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Prom Spending Press Release

According to a new nationwide survey released today by Visa Inc., American households with teens are reining in prom spending this year. 

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2014 Visa Inc. Prom Spending Survey
The survey results are based on 3,000 live telephone interviews conducted nationally from February 15 to 17, February 22 to 24 and March 1 to 3 in cooperation with GfK Roper OmniTel.