Costs have jumped 36% in 2 years
| |  | | June 9, 2025 | | | | | | | | How to Handle the High Price of Parenthood | By Lora Shinn
If you have kids, you know they're not cheap.
A recent LendingTree study found the annual costs associated with raising a small child have jumped 36% to over $29,000 since 2023, due to a surge in the price of daycare, food and health insurance.
The entire ride — from birth through 17 — can cost a middle-income couple $320,000, according to inflation-adjusted government estimates. And that's not including college, of course.
This financial lift has serious consequences. Many Americans cite the expense as a reason for not having any children, or having fewer of them. And 64% of parents report taking on debt to pay for their child-related expenses, in part because of pressure to overspend on them, according to LendingTree.
In fact, a recent Northwestern Mutual survey suggests it's our youngest would-be parents that are most worried about the costs.
| | | | | | | | | | 9.5% | Despite the market swings in the first quarter of this year, the more than 24 million participants in 401(k) plans administered by Fidelity Investments put an average of 9.5% of their income into those retirement funds — a record high share, Fidelity said this week.
An unprecedented 4.8% employer match made for a 14.3% total savings rate, the closest it's ever been to Fidelity's 15% recommendation, according to the firm. | | | | | | | "We're looking at what's trending on Instagram ... We're looking at top travel trends. We see a spike in interest in Bangkok because of 'White Lotus,' and so we're capturing that with our new service to Bangkok, starting this October."
— Patrick Quayle, the United Airlines executive who figures out where the next travel hot spots will be | What do the latest streaming hits and social media fads have to do with the future of travel? A lot, Quayle told The Wall Street Journal. The United senior vice president keeps a close watch on what's trending as he helps plan new routes like Newark to Nuuk, Greenland or Hong Kong to Bangkok and Ho Chi Minh City.
Got the travel bug but haven't sorted out your plans yet? These articles can help:
| | | | | | WEEK AHEAD ON WALL STREET | | | | Inflation Update | | | By Mario Ismailanji
This week promises to be a pivotal one for financial markets, with attention squarely back on inflation. Investors will get a double dose of inflation data with the release of the May Consumer Price Index (CPI) and Producer Price Index (PPI).
Both indicators unexpectedly came in below estimates last month, so whether that trend continues or reverses will be of great importance to markets.
The fresh look at price pressures will be followed by a preliminary reading of the June University of Michigan Consumer Sentiment survey. It should offer a glimpse into how households are reacting to the ongoing uncertainty surrounding tariffs, and if anxieties are intensifying or easing.
Feelings often drive behavior, and as a result, they can be a leading indicator of economic activity.
| | | | | | | | | | In the housing market, the power is shifting from sellers to buyers. (Fox Business) | | | | | | | | |  | | We're more than halfway through the 90-day pause on President Trump's sweeping reciprocal tariffs — and maybe at a turning point. (Bloomberg) | | | | | | | | |  | | What will happen to the 114 billion pennies once the U.S. stops making them? (CNN) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
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