How to Keep Prom Costs Under Control

Parents need to take an active role in the planning.

As I was flipping radio stations recently, I happened to hear Delilah, the radio personality, talking about how her family dealt with prom expenses. For her daughters, the tradition was to buy a dress from a consignment store and freshen it up by changing the look or adding embellishments. Each girl had a unique design, and the costs didn’t spiral out of control.

QUIZ: Parents of Teens: Test Your Reflexes

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Janet Bodnar
Contributor

Janet Bodnar is editor-at-large of Kiplinger's Personal Finance, a position she assumed after retiring as editor of the magazine after eight years at the helm. She is a nationally recognized expert on the subjects of women and money, children's and family finances, and financial literacy. She is the author of two books, Money Smart Women and Raising Money Smart Kids. As editor-at-large, she writes two popular columns for Kiplinger, "Money Smart Women" and "Living in Retirement." Bodnar is a graduate of St. Bonaventure University and is a member of its Board of Trustees. She received her master's degree from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism.