This Parent Wants Moms To Rethink Their Daycare CalculusChildcare costs often lead mothers to leave the workforce, jeopardizing their long-term career and financial status.
Americans are spending about 15% of total income on child care, study findsChild care costs have surged, with families spending approximately 15% of their income on daycare, averaging $14,070 per year for one infant.
The exact multimillion dollar figure the American Dream now costs, according to researchThe American Dream is now estimated to cost $4.4 million, far beyond average lifetime earnings.Key expenses include retirement savings, home costs, and raising children.The financial reality challenges the attainability of traditional American milestones.