According to a 2025 SmartAsset study, it costs nearly $28,000 annually on average to raise a child younger than five years old. And with costs rising for everything from child care and housing to food and clothing, parents often need to get creative to cover their family’s expenses on a tight budget.
In a recent YouTube video, financial expert Rachel Cruze reacted to eight money-saving hacks parents shared online. Find out which ones might help you save on both needs and luxuries and even teach your kids something useful about finances.
