Nerdy Deep Dive: How to Reduce Child Care Costs

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 16 June 2022

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Child care can be a strain on many families’ budgets — but there are opportunities for you to minimize the cost. In Part 2 of this Nerdy deep dive, we talk with two of our own Nerds to highlight existing financial resources for parents at the federal and state level. We also discuss personal finance strategies that can help parents think long term, even if money is tight at the moment. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
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0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:23.0	Whatever you're into, it's right here.
0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:33.9	Welcome to the Nerd Wallet Smart Money podcast.
0:36.4	I'm Sean Piles.
0:50.0	This is part two of our nerdy deep dive into the cost of child care. In this episode, Amanda Barroso and Elisa Durana explore the personal finance and tax strategies to pay for child care. Welcome back to the podcast, you guys.
0:58.0	Hey, Sean. Thanks for the warm welcome. Hey, Sean. So in the first episode of the series, we talked about the various factors that make child care expensive, difficult to find, or competitive to get into for parents.
1:03.3	And listeners, if you've not checked that out yet, I highly recommend that you do so.
1:07.8	And Amanda and Alisa, what do you have in store for us this episode? In this episode,
1:12.6	we're going to talk with two of our very own nerds to learn more about tax breaks and employer
1:18.0	benefits that we think parents should be aware of, along with some other strategies that might
1:22.6	help parents consider their budgets in the long term. We also speak to an early childhood
1:27.1	education advocate, Mai Mixik, from Pennsylvania. We also speak to an early childhood education advocate,
1:28.3	Maya Mixick, from Pennsylvania.
1:30.3	You're going to hear her expertise woven throughout this episode
	...

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