To help combat the high cost of prom, Visa's free app helps teens and parents budget for every prom-related expense.
According to a new nationwide survey released today by Visa Inc., American households with teens are reining in prom spending this year.
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.