Thursday, August 16, 2012

Are you spending more on daycare bills than housing?

This jaw-dropping article from CNN Money explains that families in the United States are spending more on child care than rent in many states.  The most expensive state is New York, but some of the other states near the top of the list may surprise you.  This is definitely a reason to factor in the cost of child care when trying to determine whether it makes better economic sense for you to work or stay home.