Raising kids is one of life’s greatest joys. It’s also one of the most expensive. Think about how much you fork over for the cost of daycare every month and you’ll know what I mean. With rising prices, it’s getting more and more difficult to find ways to save on daycare.
A study by Care.com found that almost half of families in the US are spending at least 15% of their income on childcare costs. But what’s interesting is that the US government defines “affordable care” as 7% or less of household income.
So how can you save on daycare to make it more affordable? It depends on where you live, whether you have family nearby, and how old your kids are.
Saving money on daycare is possible. Here’s how to do it.Continue reading “26 Smart Ways Parents Can Save Money on Daycare”