More Grandparents Provide Day Care for Grandkids

11:53 AM, Dec 11, 2012   |    comments
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we all know grandparents love to spoil their grandkids ... with little presents or extra dessert.

but new research reveals many grandparents are doing much more than that!

a university of chicago study finds that between 1998 and 2008, 70-percent of grandparents took care of their grandchildren for at least 50 hours a year.

while some just babysat occasionally, others provided day care on a daily basis.

and grandma and grandpas aren't just providing physical care ... but financial as well.

another study shows 62-percent provided monetary support to their grandchildren over the past five years ... mostly for investments and education.

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