BBC Capital

90-Second Financial Fix

Raising kids doesn't need to break the bank

About the author

Kelsey Hubbard is a freelance broadcast journalist based in Connecticut. She is a former host of ABC News’ Money Matters and was a longtime host and reporter for The Wall Street Journal’s daily video business news shows.

Raising children is one of life’s greatest joys, but it isn’t cheap. You may not want as many children as the Duggar family portrayed in the US reality television show 19 Kids and Counting, but if you want three or more kids, costs quickly skyrocket.

Yet there are ways to fill your life with the laughter of little voices without going broke. Budgeting for the basics is key, of course, and 90-Second Financial Fix has uncovered some new ways to do it.

Click “play” to learn about the newest trends in sharing bulk purchases, some ways to beat retailers at their own game and other ideas — even if your family is small.

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(Photo credit: James Ambler/Barcroft/Getty Images)