Sarita /sari-ta/ [3 sylls.] as a girls' name. Sarita's root is Hebrew, and the meaning of the name Sarita is princess. Sarita is an alternate spelling of Sarah (Hebrew). Biblical: originally called Sarai.
In addition, they also may not have made allowances in their financial planning for the cost of raising grandchildren. One expense that can be major is health insurance. If children are not covered on a parent's insurance, grandparents may have difficulty getting them placed on their own insurance.
It's no surprise that the overall cost of raising kids is skyrocketing (we've noted this before, along with tips for easing the pain). The cost of raising a child from birth to 17 rose 25% from 2000 to 2010.