by Grace aka costofcollege
This time of year many families are celebrating graduations, whether preschool, elementary school, middle school, high school, or college. The costs can mount up, as discussed in this CollegeConfidential thread.
Cap and gowns, diplomas, yearbooks, photos, rings, invitations, dinners, parties, travel, and gifts are some of the typical expenditures. If your child is receiving honors of various types, costs for awards dinners can mount up. One parent with twins complained she would be spending several hundred dollars for those. Other end-of-year expenditures like recitals and proms can also strain family budgets.
How lavish is your spending for graduation celebrations? What is common among your friends and relatives? What about spending for other types of milestones, like First Communions or bat/bar mitzahs?