Episode 69 | What it Costs to Raise a Child in America

02/09/2025 28 min Episodio 69
Episode 69 | What it Costs to Raise a Child in America

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Episode Synopsis

👶 In this episode of Living Richly with Curo, we dive into how expensive it is to raise children in today’s America and what families can do about it. From housing and childcare to food and healthcare, every dollar adds up. 
 
🎯 But with thoughtful planning and practical strategies, it’s possible to raise a family without sacrificing your future.
 
Here’s what you’ll learn 👇
 
 🏠 Why housing takes up 32% of child-related expenses
 🧒 The average cost of raising one child: over $300,000
 💼 Why many families are choosing to live on one income
 🍼 Creative savings hacks like swapping childcare and buying secondhand
 💬 Real stories from clients deciding between career and childcare
 📊 Budgeting tips to manage food, transportation, and medical costs
 💡 How to “practice” living with a child before the baby arrives
 🏦 Why emergency funds and tax-advantaged accounts are essential
 🎓 The importance of not neglecting your own retirement
 👨‍👩‍👦‍👦 A candid take on the emotional and financial realities of parenthood
 
🎧 Whether you're planning a family or already in the thick of it, this episode offers helpful insights and honest advice to keep your finances in balance.
 
Live richly!
 
✉️ Send your questions to [email protected], and if we use your question you will receive a $10 Amazon gift card!
 
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