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From PR Newswire:
When your children come home from the first day of school this year and hand you their supply lists, expect to pay as much as $1,245 if you have two children in grades k-12.
The cost represents supplies as well as the payment for activity-related expenses whether that is a musical instrument rental, sports equipment or club fees.
To fill the backpacks of their children this year, Huntington projects that parents should have $351 available in late summer for elementary pupils, $530 for middle school children and $894 for high school students.
"Huntington has designed the Backpack Index to help parents save what they will need for back-to-school shopping," said Mary Navarro, senior executive vice president of retail and commercial banking at Huntington Bank.
"Huntington has also developed a Back To School Shopping Guide that parents can use to teach their children about money management as they buy school supplies.
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Posted on July 4, 2007 10:21 PM
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