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Does Your Kid Need a Budget? Comments

Picking up kids from school

If you’re feeling bombarded with back-to-school expenses, activities, and the wallet-popping cost of child care—I hear you.

With my son entering first grade this fall, it just hit me that I need a whole new budget—for my kid.

Child care is a major expense for families, as you know, but a study released last week by Child Care Aware was shocking.

 

    • If you have, say, two kids at a daycare center full time, you’re probably paying more for child care than you are for rent.

 

    • If you have an infant in full-time care, in 35 states you’d pay more than you would for a year of in-state college tuition!

 

And even if your child is now in school, you’re still hit with after-school care, the cost of activities, supplies, and so on.

And let’s not even discuss birthdays. OK? Please.

Instead, let’s all get a grip with the newly minted DailyWorth Back-to-School Budget (and sanity saver). Just enter your estimated expenses, and (as you go along) what you’ve paid.

Life is less crazy, if you plan for it.

 

Out of the Box
Relief from money stress is just a click away! Don’t miss “How to End Your Money Nightmares” on Self.com, inspired by the recent SELF-DailyWorth survey results of what keeps real women up at night.

 

Big spender. What are your kids’ biggest expenses this fall?

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