Return-to-school also means it's return-to-spending time. Combined spending for back-to-school and back-to-college is expected to reach close to $75 billion this year. This is a great time to continue your kid's money lessons.
The days when you could send your kids off to the first day of school with a lunchbox and a hug are long gone. Today's back-to-school preparations include the dreaded shopping excursions for clothes and school supplies.