How families are affording childcare on a budget

Childcare costs rose 1.6% in the last year, according to the Bureau of Labor Statistics. Greenlight Co-Founder and CEO Tim Sheehan joins Wealth! to discuss how families can afford childcare while maintaining household budgets.

Sheehan highlights that 76% of parents say they're very stressed about money as inflation continues to put pressure on daily needs, from gas to groceries. Thus, more families are looking for ways to save money, like cutting back on dining out and opting for alternative transportation methods.
He adds that now is an opportune time for families to teach their kids financial literacy.

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