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Financial Literacy for Everyone

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Prom Spending Survey

A new nationwide survey released by Visa Inc. shows that American households plan on spending a whopping $324 on promposals. Promposals have become significantly more extravagant in recent years and now represent in excess of one third of the $919 total that the average prom-going teen will spend on the dance this year.

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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

Visa's Annual Survey Finds New Trend in High School Proms: Extreme Spending on Asking a Date to the Dance

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2015 Visa Inc. Prom Spending Survey*
*The survey results are based on 3,000 live telephone interviews conducted nationally in cooperation with GfK Roper OmniTel.