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Even just bringing up one child is astronomically expensive.
Obviously the more kids you have, the higher your expenses will be.
And some parents have quite a few children to raise.
Consider, for example,Dr.
Ryan Sentersand his wife Sara, who have 11 children.
How do they manage the costs of raising them?
They also avoid food delivery services and embrace meal planning.
The latter, Senters admitted, can be a challenge.
With 11 kids, it can be difficult to planmeals and shopfor the proper groceries, Senters said.
We have a monthly meal prep dinner calendar that rotates meals throughout the month.
How They Save on Extracurricular Activities
Most kids are in at least one extracurricular activity.
This ends up saving us hundreds of dollars onsports equipment and accessories.
The Senters kids also use their own outdoor space to practice sports rather than paying to use a facility.
Additionally, the family takes advantage of discounts for large groups.
How They Save on Birthdays
No kid wants to go uncelebrated when their birthday rolls around.
And though the Senters are monetarily mindful here, they see to it their kids have a good time.
With 11 kids, birthday presents tend to add up throughout the year, Senters said.
However, its important that they each feel special on their birthday.
For Christmas morning, we give each kid three gifts.
To keep costs down here, the family collectively conducts a quarterly audit of their subscription services.
The little charges add up, so we like to keep a close eye onour bank statements.
This is not the case in the Senters home.
When our kids turn 13, they receive aGreen Light debit card, Senters said.
This card encourages them to work and earn their own money also while teaching them financial literacy and responsibility.
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