Helpful Budgeting Tips for Parents with Young Children


Kids are amazing, but they’re also very expensive. Even if you think you planned for the arrival of your new bundle of joy carefully, there’s a good chance that you’re going to end up with extra expenses to worry about that you never considered before.

The best thing you can do to make sure that you’re ready to deal with the various costs of young children is to build a budget. Before kids, you might not have worried too much about budgeting and preparing for every cost. However, now you’ve got more responsibilities to handle, from doctor visits to baby gear, and endless diaper costs. To make sure that you can handle the various challenges of having kids, here are some useful financial tips.

1.    Get your Budget Right

First, you need to be willing to commit to a budget that you can really get behind. Don’t just tell yourself that you’re going to watch your expenses or try and save up some extra money. Instead, track every penny you spend, and every penny that comes into your bank account from your job and other earnings. Look at how much money you’re likely to earn in the next month and design a plan for how much you’re going to allow yourself to spend.

For some people, it helps to stick to a specific budgeting philosophy. For instance, you could consider using the 50/30/20 budgeting plan. This is when you put 50% of the money that you earn towards essential bills and expenses, 30% towards your “wants” and 20% towards savings. While this option won’t work for everyone, it’s a great starting point.

2.    Work out your Lending Strategy

If you’re going to need to dip into some extra money elsewhere to afford important expenses in the coming months, then you need a lending strategy as well as a spending strategy. For instance, generally, it’s not a good idea to rack up a huge bill on your credit card if you can avoid it. Instead, it might be helpful to think about how much money you need to spend and think about taking out a short term loan instead.

This way, you’ll usually be able to benefit from lower interest rates and fewer fees to handle in the long-term. Additionally, whenever you borrow money, remember that you’ll need to update your budget to add in that extra monthly repayment.

3.    Eat at Home and Plan your Meals

One of the biggest things that people spend money on each month is food. The good news if your children are younger, is that you’re probably not going to have them asking you for meals at restaurants very often. You might not have a lot of time in your schedule to eat out regularly. However, you could be eating out more than you need to with café lunches and fast-food on an evening.

When you’re exhausted by having a career and children to look after, it often feels like a good idea to order in as much as you can. However, you’ll save a lot more money if you plan your meals in advance, make sure that they’re easy to prepare, and avoid eating outside of the home.

4.    Banish One Unnecessary Expense

When you have children, your priorities will change pretty quickly. The things that you used to think were essential won’t seem nearly as important anymore. For instance, it might be easier to choose between saving for a baby’s college fund than paying a monthly fee for a gym that you never go to.

Go through your bank statements and think about what you can get rid of that you’re not going to miss. You don’t have to give up everything, but there should be at least one unnecessary expense that you can banish. According to one recent survey, 84% of people aren’t sure how much they’re spending on monthly subscriptions. Check that you’re not paying for anything you’ve forgotten about.

5.    Constantly Adapt

Ultimately, as your children grow and your lifestyle changes, your budget will gradually become outdated and less helpful. This means that you’ll need to keep going back to your spending plan and figuring out what you can do to improve your situation.

Once every few months, arrange a night where you can sit down with your partner and figure out whether your plans are still working. Ask yourself if there’s anywhere you might be able to save or make some extra money to make your life a bit easier. Don’t forget to celebrate your little wins too. Be proud of yourself for every dollar you save.

Preparing Students for Careers of the Future: Top 10 Picks


Going to school is one of the most important aspects of socialization that prepares people for the future. In most cases, the career or business path you follow would be influenced significantly by your interests in school. For example, the professional writers on a sites like PaperWritingPros were most likely majors in literary arts, English, or any other department that allowed them to develop an interest in essay writing. As time passed, however, there has been a paradigm shift in the correlation between education and career. This is why schools need to put in more effort in preparing students for careers of the future.

1. Prepare Technicians

Over the years, advancement in technology has cost many people their jobs. However, statistics reveal that the demand for technicians is going to increase by more than 108% in the next decade. As the demand grows, so will their annual salary. To prepare yourself, your students or children for this field, inculcate science experiments as they apply to the real-world issues.

2. Prepare Registered Nurses

Do you think the demand for nurses is already high? You have no idea that this already high demand is going to increase by another 16% within the next decade. To prepare for this, students need to see real-world applications of biology. There should be practicals that allow them to appreciate the complexity of the human body.

3. Prepare Students For Skilled Trades

The emphasis on skilled workers has increased in recent times and is projected to move even higher. The demand for electricians, welders, bricklayers, carpenters, plumbers, and other skilled workers will increase significantly in the next decade. Students need to be groomed to appreciate working with their hands rather than depending on computers all the time.

4. Prepare Heavy-Duty Drivers

Heavy-duty drivers include lorry, truck, construction, and other heavy equipment drivers. It is one of those professions that require the real-world application of mathematics. The demand for these drivers will increase significantly in the coming years.

5. Groom Physical Therapists

Statistics have shown that the demand for physical therapists will increase by at least 34% in the next five years. As a physical therapist, you can earn up to $85,000 with your professional degree. Apart from physical therapists, there will be an increase in the demand for assistants to physical therapists. There should be a lot of emphasis on hands-on biology, anatomy, and healing.

6. Prepare Web Developers

This is one of the jobs with the highest demand in the year 2019, and this demand is only going to get higher as time passes. Web developers earn a lot of money, and there isn’t any need for a specific university degree. Students who are interested in computer science and programming can be trained to start coding at an early age.

7. Prepare Writers

The rise in the demand for web developers is accompanied by a rise in the demand for writers. Students who love to write can start their writing career early by offering essay writing services to fellow students. They can also join the gig market to gain more from their profession.

8. Prepare Virtual Reality Designers

Over the years, virtual reality has been applied in several sectors from the educational sector to the health and real estate sectors. However, there is a shortage of virtual reality designers and this shortage is going to increase in the coming years.

9. Prepare Blockchain Developers

Just like the virtual reality, the proponents of blockchain technology believe that this distributed ledger technology is going to change the world during the next industrial revolution. Regular computer programmers can start learning blockchain development skills.

10. Prepare Weather Control Engineers

As global warming continues to plague the world, the need for weather control engineers is increasing. Students should learn about the negative effects of global warming and should be made to feel responsible for taking care of the environment.


These are the top ten jobs that would have a high demand in the future. The earlier grooming starts, the easier it will be to prepare students for these jobs.

Living Without a Mortgage

Tiny houses

Living without the stress of a mortgage payment is the dream of so many Americans. A house is likely the most expensive purchase that you will ever make, and you make payments on it for decades. Entrepreneurs like Don Gayhardt understand the hard work and devotion required to quickly pay off your home. If you are truly determined, there are ways to live mortgage-free.

Build Your Own Home

It takes money to make money, and building your own home is by no means a small expense. To be sure you’re in control of every penny spent, consider crunching the numbers to see if it’s a cost-effective alternative for you.

  • Zoning, permits and local laws come into play anytime you’re building a structure. Research these front and back so that you’re not hit with any unexpected surprises later on in the process. This is to be your home, not a backyard treehouse!
  • You are given the freedom to plan and spend as you please while you’re building your own home, but remember not to cut corners when it comes to anything related to safety. You want your house to be built for generations.
  • Expecting the unexpected is the absolute thing to remember in any construction project. Things can easily go from great to terrible in a heartbeat, so be sure to have money set aside for those “just in case” emergencies.

Try a Tiny House

If you’re a single person or even a married couple with no kids, a tiny house might be in your best interests. Tiny houses are a hot new housing trend in America thanks to their affordability, but remember that the word “tiny” means exactly what it says. A tiny home is usually no bigger than 500 total square feet.

  • Whether you own property or not, tiny houses are oftentimes portable and can be towed from place to place. This means that you can travel to the country, but take your home with you.
  • Tiny houses are very cost-effective. Averaging at only $25,000 to $35,000 for the entire home, you can save hundreds of thousands of dollars from buying a traditional house.
  • Living in one of these houses means serious downsizing. If you are a materialistic person with a lot of hobbies, this lifestyle might not be for you.

Pay Your Mortgage Twice a Month

House payments are so much money, but if you’re able to, it’s worth changing up the way that you pay for yours. Instead of making one large payment once a month, why not make two, twice a month? Seeing an amount of $600 is easier than seeing $1,200, and you might feel more comfortable making larger principal payments in smaller amounts. Adding $100 to half your mortgage payment feels less threatening than making a $1,200 payment into a $1,300 payment.

There are solutions to living without a house payment, and none of them are easy. Take the opportunities given to you as lessons in thriftiness and making your money stretch. One day you will achieve the dream of owning your home free and clear. Until then, work hard to make that dream a reality.