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The List TV: 3 Ways to Reduce the Cost of Raising a Kid

The USDA’s latest Cost of Raising a Child report is out and the numbers are startling. Today’s parents are looking at dishing out a whopping $233,610 to raise a child from birth to age 18. The cost drops a bit for the second child but, nonetheless, it’s a shocking figure and more than most families can afford. Considering that parents in the highest income bracket spend double than those who make less, it’s clear that not all the expenses that go into the total figure are all fixed.

With that said, there are plenty of ways to reduce the costs of raising a kid. Check out my top tips in this latest interview with The List TV.

Click on the image below to watch the video.

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Andrea Woroch

Andrea Woroch is a nationally-recognized consumer and money-saving expert who regularly contributes to leading national and regional news stories. She has appeared on NBC's Today Show, Dr. OZ, Good Morning America, FOX & Friends, MSNBC, CNN, ABC News with Diane Sawyer, and been quoted in New York Times, Wall Street Journal, Money Magazine, Kiplinger Personal Finance, Better Homes & Garden and many others. Andrea also enjoys writing articles for various personal finance and lifestyle websites and blogs. Andrea is passionate about sharing ideas and tips to help you live on less without having to sacrifice. She says making a few small tweaks to daily and monthly spending is all you need to do to achieve your dreams within your means. Follow Andrea on Facebook and Twitter for daily savings tips and check back for new videos, magazine stories and blog posts all about saving money!

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