We all know how expensive it can be to raise children, but often parents don’t realize the full extent of the costs. Parents now spend an average of $233,000 on each child between birth and the age of 18 (http://money.cnn.com/2017/01/09/pf/cost-of-raising-a-child-2015/index.html). It’s a lot of money, but thankfully you don’t have to spend this much if you are savvy with your money.
At some point, we’ve probably all had roommates—whether they’re platonic or romantic. You’ve probably also daydreamed how awesome it would be if you were able to live alone and have your own place. However, you wake up from this daydream when you check your bank account and the cost of renting an apartment all by yourself. With so many people living paycheck-to-paycheck, footing the rent all alone, and all the bills to go with it appears to be overwhelming. There are ways to save money and be able to achieve your goal of being financially fit enough to live by yourself.
June is graduation season, and for those who are moving on to higher education or entering the workforce for the first time, it is important to carry the timeless wisdom that comes from beyond the textbooks. Everyone could all use some reminders of the lessons that we sometimes overlook in our finances. Here are some guidelines to start, or continue, to live by:
How often do you find yourself at the end of the month pondering how you didn’t meet your savings goal? Ideally, this would never happen but life is often unpredictable and more expensive than what you had budgeted for. Below are some items that you may want to think twice before reaching for that shiny credit card.
Saving Money on International Phone Plans
Cell phones have become a necessity for both your leisure and professional life—but sometimes, phone contracts can be overwhelmingly expensive. This challenge is only amplified if you’re traveling, or even temporarily living, in another country. Managing your cell phone plan has an added dimension of difficulty when you travel outside of the United States. Sorting through your options and trying to dodge roaming charges can nearly ruin your vacation—so we’ve done the research and you can just enjoy your trip.
What started with Birchbox has expanded into an empire of monthly “box” services—some category of products mailed to your door every month in exchange for a monthly subscription fee. These range from programs sending out razors, to fine wines, to not-so-fine wines, to old comic book paraphernalia, so there’s truly something for everyone. But is it worth the monthly fee? Whenever challenged with this question, most who advise ditching the boxes cite cheaper alternatives as their reasoning.