Empower your kids with essential money skills: Budgeting, decision-making, savings, and financial responsibility. Prepare them for a successful future
A monthly budget is a foundational piece for healthy finances. Teaching your children how to budget will serve them throughout their lifetime, especially because it’s never formally taught in schools as a part of the curriculum.
That being said, guiding your child on how to create and manage a budget doesn't have to be difficult. One good way to help your children learn how to handle money is through early hands-on experience. How do you do that? By involving them in the family budget!
Teaching intelligent money management and budgeting to your children will touch every aspect of their lives:
Children are a blessing, but they can be expensive to raise, especially if you need to put them in daycare.
Daycare is an investment in your child’s life. Finding a childcare provider you know, like, and trust can be a challenging process. Tack on the high expense of childcare, and it is no wonder you feel nervous and exhausted before you even begin.
But the good news? With some intentional planning, you can prepare yourself financially for daycare expenses.
I remember the million questions and what-ifs that circled my mind during our daycare search for our first child. Naturally, you want someone who will provide consistency for your child when they are not with you. But at the same time, you also want to pay a rate for their services that is realistic for your wallet.
As you prepare for daycare expenses, here are some things to consider:
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