Back-to-school spending predicted to hit record highs

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Back-to-school spending predicted to hit record highs – CBS News

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Back-to-school shopping season is here, and this year parents are expected to shell out a record amount of money for their kids, the National Retail Federation says. Experts say families plan to spend an average of $890 per child. Jennifer Streaks, senior personal finance reporter with Insider, joined CBS News to discuss where to find spots to save.

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