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Saving Money on Child Care Costs

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Saving Money on Child Care Costs

Those of you who have children know how expensive it can be to care for a growing family; however, you might be surprised just how expensive. According to the US Department of Agriculture, the costs associated with raising a child, from birth to the age of 18, has risen nearly 40% over the last decade. Recent reports have determined that the cost for an average two-parent, middle-income family to raise a child to adulthood now stands at 6,920 — a ,000 increase from 2001. What’s really interesting about this number is that it doesn’t include the cost of a college education, which has increased exponentially over the last few years.
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