The search for cheap child care has many American families on edge. The dearth of affordable child care options periodically crops up in the news as parents continue to struggle with the lingering after-effects of the recent recession, which include reduced funding for some child care programs targeted to low-income families. Child care costs vary substantially around the country, ranging from about $3,800 at year up to nearly $19,000; in major cities like New York and L.A., cheap child care is almost an oxymoron. Your child's age affects costs, as well; rates for infant care are usually higher than for toddlers and preschoolers because babies require more attention.Affordable child care is possible.
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There are several ways to minimize the expense of making sure your children are well cared for while you're at work.
Check to see if your employer offers what's known as a flexible spending account. These accounts let you set aside several thousandRead More »from How to Find Affordable Child Care