2023 survey reveals parental financial strain due to increasing childcare and grocery costs.
2023 survey finds significant drop in parents saying they're doing "ok" financially due to rising childcare and grocery costs. Married mother of two, Sarah Lam, from suburban Pennsylvania spends $2,500/month on daycare for her two daughters and says it's difficult to afford groceries too. Parents' financial struggles are exacerbated by these essential expenses, causing them to joke about the relief they would feel once their children no longer need daycare.
May 25, 2024
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