Money Fix: Keeping up with child care costs

Child care is a large part of the family budget. Experts advise making wise choices when finding a caregiver. Credit: iStock
It's tough when parents have to leave that new bundle of joy and go back to work. It's also a financial issue.
According to Child Care Aware, the average cost of full-time care for an infant in center-based child care was $11,046 a year in New York. Nationwide, average fees for an infant in center-based care were higher than the average amount that families spent on food.
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