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Budget Busters: Saving Money While Raising Kids Quiz
by Staff
Raising a family can be tight on the budget for most people. Take this quiz on some creative ways to save some money with your kids.

What child-related items can you write off on your taxes?

  • Child care costs
  • Clothing costs
  • Diaper costs

According to the U.S. Department of Agriculture, what's the average cost of raising a child from birth to age 18?

  • 500000
  • 222360
  • 150125

What's one way to save money with a new baby?

  • Baby formula
  • Breastfeeding
  • Disposable diapers

What's one good way to save on clothing for your toddler?

  • Skimp on underwear
  • Buy large and let them grow into it
  • Hand-me-downs

What's one thing you should not buy used for your child?

  • Shoes
  • Car seats
  • Toys

Where's the best place to look for inexpensive clothing for your kids?

  • Online
  • Dumpster diving
  • Consignment stores

True or false: Daycare centers are more expensive on a monthly basis than a nanny.

  • TRUE
  • FALSE

What's one way to cut some costs with a nanny?

  • Share a nanny with another family.
  • Use a nanny with limited qualifications.
  • All of the above

What's a good way to save money on food costs?

  • Shop brand names.
  • Dumpster diving
  • Grow your own.

What are some of the benefits of unstructured "free play" time for your kids?

  • Cope with stress better
  • Help problem solving skills
  • All of the above