Tag: financial planning
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Why I Choose to Work Part-Time
Get Pregnant Fast When it comes to starting a family, one of the first discussions most couples have revolves around finances. My partner and I were no exception. We wanted to know what life would look like with a baby and how to manage our finances accordingly. We got married later in life, and by…
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The New Parent Financial Checklist
Get Pregnant Fast Welcoming a new baby is a life-altering experience that shifts your priorities in unexpected ways. Suddenly, sleep becomes a luxury, and financial worries take center stage. With the average cost of raising a child reaching around $233,000, it’s no surprise that many parents, about 73% to be precise, feel anxious about funding…
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How to Establish Financial Stability for Your Family
Month-by-Month Guide to Family Finances Get Pregnant Fast As a parent, it’s natural to worry about your ability to support your children. While you may dream of vacations, a forever home, and financial freedom, your core desire is to ensure your family’s well-being. I share this sentiment; amidst my aspirations, achieving financial stability for my…
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Simple Tips to Save Money Before Baby Arrives
Get Pregnant Fast Let’s face it: welcoming a little one into the world is thrilling but can also drain your wallet. It’s probably no surprise that raising a child until they turn 18 costs around $200,000, and that doesn’t even include college! The good news is these expenses won’t all hit at once—unlike the sudden…
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How to Set Up a Custodial Account for Your Child
Get Pregnant Fast When it comes to securing your child’s financial future, a custodial account can be an excellent option. These accounts allow parents to manage and grow money on behalf of their kids until they reach adulthood. Here’s a casual guide on how to open a custodial account and what you need to know.…
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A New Parent’s Guide to Securing Life Insurance
Get Pregnant Fast Entering parenthood is filled with excitement and dreams for the future, but it also comes with its share of responsibilities. One of the important tasks that often gets overlooked is securing life insurance. While it may feel uncomfortable to think about worst-case scenarios, having a policy in place can ensure your family’s…
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Understanding the 529 College Savings Plan: What is a 529 Plan?
Get Pregnant Fast While your little one may still be on the way, it’s never too early to start planning their educational future. With the rising costs of education, which the U.S. Department of Agriculture estimates to be around $233,610 for raising a child, it’s essential to think about savings for college. When your child…
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Saving for College: What You Need to Know
Navigating the Journey to Higher Education Savings Get Pregnant Fast As you prepare for the arrival of your little one, your focus may be on sleepless nights, diaper duties, and nursery planning. However, it’s wise to consider college savings early on. With tuition costs steadily rising, starting your savings now can significantly impact your child’s…