As families prep for back-to-school season, a new survey is highlighting the impact that these preparations can have on household finances. More than 90 per cent of Canadian parents expect to spend $524 on back-to-school supplies, according to a new survey by financial platform NerdWallet, Inc. The total expected spending is an approximation and may account for families with more than one child, said Shannon Terrell, a personal finance expert and spokesperson from NerdWallet Canada. “Spending more than $500 for back-to-school shopping is a sizable sum of money, but I can certainly understand how families might get there… especially for those shopping for more than one child,” she said. The
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