How to save $8,919.45 a year

6 of 6

Sitter sharing

Potential annual savings: $780

Sheila Lirio Marcelo, CEO of Care.com, which helps families find local caregivers, suggests teaming up with neighboring parents to share one babysitter.

Although most providers pro-rate their fees according to the number of children they are watching, families that pool together can still save between 20% to 50% off the cost of childcare while they enjoy their weekly date night.

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Last updated October 20 2008: 2:10 PM ET

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