This 1 Expense Is Hurting Americans Financially -- and It Keeps Climbing
It's not a secret that raising kids is expensive. But child care costs have reached a level where they're driving many parents out of the workforce.
Nearly half of U.S. families now spend 15% or more of their household income on child care, according to Care.com, with two-thirds of parents saying they're spending more on child care now than they did the previous year.
It currently costs $211 a week, on average, to enroll an infant in a day care center. The average weekly cost for a nanny, meanwhile, is a whopping $596.
Source Fool.com
