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Kehinde Thurman

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familes

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Families and the Fiscal Cliff

December 4, 2012

The looming fiscal cliff could result in the average family paying approximately $2,000 more in taxes (projections are anywhere from $1,500-$3,000). So what can the average family do with $2,000? Quite a bit it seems. I put together a list of just how far $2,000 stretches for the family on a budget: 1)   Childcare- $2,000 could pay for 8 weeks of childcare for one child at $250 per week ($250 per week is on the low end of childcare costs. Costs are significantly higher for younger children/ba[...]

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