Financial setbacks come in all shapes and sizes. It can be an expensive household repair, a medical emergency, getting laid off or the birth of a baby. Whatever the situation, it’s impossible to plan for every financial hit you will take in your lifetime.
But don’t fret. If you’re hit with hard times, here are some tips to keep in mind.
The first few days after you bring your baby home is an exciting time that can also be a bit stressful.
Many parents also find the first few months stressful, while others are stressed over their parental commitments a while longer. It’s easy to get caught up in sleepless nights, organic baby food and reading every book you can find, but sometimes parents forget an obvious priority: teaching and helping your child to save money as they grow up.
There are so many things to think about when you’re just married, or about to be, and no one would rate finances as the most exciting of them. In fact, studies show that money (not relatives) is the number one reason couples argue. Those financial arguments (again, not relatives) are one of the top predictors of divorce.
So, how can you avoid becoming a statistic? Here are some tips.
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