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Affinity FCU Helps Ease Back-to-School Spending Blues

For many, the family budgets take a big hit during the back-to-school season.

By Staff Writer | Updated on August 27, 2007

BASKING RIDGE, N.J. — For many, the family budgets take a big hit during the back-to-school season.

According to a recent Affinity Federal Credit Union online survey, some 70% of parents and students spend more than $100 per child and nearly 30% are spending $250 or more per child to cover back-to-school necessities. In addition, more than three-quarters of Affinity Federal CU members surveyed did not have an allotted back-to-school budget to accommodate those expenses.

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