Raising kids is expensive. From Day One, you have to feed them, clothe them, educate them, and provide them shelter. If you’re lucky, you also feel obligated to provide them with entertainment.
Fortunately, there are ways to do all of these things without eating cat food in your retirement.
Family Finance as You Get Ready for Baby
Surprisingly enough, you don’t need everything that’s marketed to you as a new parent. Your child will need something to eat, somewhere to sleep, and something to keep them warm. Aside from love, they’ll need surprisingly little else.
Of course, if you do want to provide things like toys, we’ve got you covered with ways to save on those, too.
Family Finances with Young Children
When babies turn into kids, you have a whole other set of challenges. Not only do you have to provide for them, but you also have to educate them. That includes making sure they grow up to be good people, taking the time away from work to sit down and help with homework, and making sure they grasp the basics of financial literacy from the youngest of ages.
You may also want to ensure you have a plan together for their future. While you should definitely save for your own retirement first, you should also start planning college savings if possible. If you can’t adequately save for your own retirement and their education, you’ll want to do what you can to make sure they’re aware of scholarships–and what they’ll need to do to qualify for them.
Family Finances with Older Children
We’re going to be straight with you here: we don’t have teens yet. We’d love to hear from you about your frugal tips for raising teens.
In the meantime, we do have a lot of tips as you get ready to send your child off to school.
Family Finance with Special Needs Children
Femme Frugality also provides coverage on the unique needs of families with special needs children–especially those with autism.
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Healthcare is the biggest cost of autism. Find out how to get your child covered by Medicaid--even if you make a lot of money.
What resources are available to autistic youth planning post-secondary lives in middle and high school? College funding? Work opportunities after age 21?
Did you know the balloons at Disney are exchangable in case yours pops or flies away? That and other great Disney World savings tips here.
This past weekend, I took the kids to see Monster Jam Triple Threat. I initially wanted to go primarily to watch the enjoyment on my kids’ faces, but once we were there… It was pretty impressive. You got to vote for who you think should win each segment by ranking each truck’s performance with your Continue Reading »
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