Kids
12 articles
It costs a lot to raise a kid. If the hundreds of thousands you’ll spend over your child’s lifetime makes starting a family seem financially impossible, that doesn’t mean you have to opt out of parenthood. These money moves can prepare you for the financial responsibilities ahead.
Kids are expensive, but how much you actually spend to have and raise a child depends on numerous factors. Learn about the most important factors and how to prevent them from breaking your household budget.
The cost of adopting a child can feel like an insurmountable obstacle for many families. Fortunately, there are a variety of options to help you afford adoption. See which resources can help you overcome the financial barrier and create your forever family.
Adoption is rarely a financial decision, but rather a decision of the heart. Still, it’s crucial to be aware of the expenses involved so you can be financially prepared to bring home your new family member. Consider these costs if you’re planning to adopt a child.
If your home looks like a toy hoarder’s paradise, it’s time to declutter. Fortunately, there’s no shortage of places in desperate need of fun, enriching items for youngsters. Find out where to donate the used toys your kids no longer want.
To say that college costs have skyrocketed is an understatement. After adjusting for inflation, CNBC notes that average tuition for private colleges rose from $15,160 in 1988 to $34,740 in 2018. Both of those figures are in today’s dollars, marking a 129% increase. For public universities, average tuition rose from $3,190 to $9,970 over the
If you want to save more money, it can help to take a wide-angle look at your family finances and examine your spending habits up close. Adopting more frugal practices and finding ways to cut back on your most significant expenses means extra money in your pocket. These tips can help.
Picture this: One day, you’re going through your mail, and you find a summons for jury duty. The funny thing is, it’s not for you; it’s for your child, who’s only 8 years old. It must be some kind of bureaucratic screw-up, so you toss it in the bin. Shrugging this situation off is a
To get along in today’s world, kids need to learn about things like electronic banking, compound interest, and the importance of staying debt-free. Fortunately, the Internet has a wealth of educational websites, games, and banking apps to help kids of all ages master the basics of personal finance.
GoHenry and Greenlight are two of the most popular prepaid debit cards for kids. Each has a host of features to empower your kids to control their own finances — with some supervision. Learn how these two products compare head-to-head to help you decide which is the best choice for your family.
You might see a divorce coming from a mile away and still take steps to protect your finances before it happens. From opening an individual bank account to changing your beneficiaries, learn what to do now so that you’re not filled with financial regret later.
There are several ways to save for education. People often think of 529 plans when it comes to saving for college, but you can also use UTMA and UGMA accounts. Each account has different benefits and drawbacks. Before choosing, learn more about how these accounts work and what features they offer.