The cost of raising kids is out of control … If you're a parent and you get the sense that raising kids feels more expensive than ever, you’re not imagining it. A new survey found that 83% of parents say the cost has gotten "out of control" – and 77% of parents said that they feel pressure to keep up with other families by spending more than they should
Between inflation, social media pressure, and an endless stream of kid-related expenses, families are feeling the squeeze. But it's not all doom-and-gloom. Parents are battling back a bit. Compared to non-parents, they’re more likely to set budgets, create financial plans, and work with advisors to work their way through these bumpy economic times.