When parents contact me, they often wearily confess, “We have never had to worry about our money before, but I think we need a Budget.” Couple the addition of child care expenses or the lost income of one spouse staying home with the added pressure of education funding and desires for a larger home and you have a recipe for anxiety around daily spending decisions. Hence, a monthly “Budget” rises to the top of many new parents’ priority list.
By Kristin C. Harad, CFP®
If you have procrastinated getting your financial life organized or you do not know where to start, now is the time to commit to getting your financial plan together.
Set Goals for 2008 and for 2013.
by Kristin Harad, Owner, Coach and Mother, VitaVie Financial Planning, www.newparentfinances.com
If your child is due at the end of December, you have probably heard countless times, “Have the baby this year to get the tax deduction!”? What does it really mean to have a baby before the end of the year?
Well, if you have a child anytime within the calendar year of 2007 --- whether it is February 4th or December 31st, your tax return will be affected. Possible tax advantages include:
by Kristin Harad, Owner, VitaVie Financial Planning www.newparentfinances.com.