The cost of raising a child is constantly changing. Every year, a new article comes out claiming that the cost of raising a child is hundreds of thousands of dollars. But is this figure accurate? Could kids actually cost far less than this, or does a few hundred thousand barely even scratch the service? What should new parents know before they bring home their first bundle of joy, and is financial independence even worth pursuing while raising a kid, let alone a few?

We brought in the "Investor Mama," Jen Narciso, who is not only raising kids but also chasing financial independence and running her own podcast. Jen speaks to mothers all around the world who not only want the best for their children's futures but their finances as well. And, as someone raising two young children, she knows how much kids truly cost between the car seats, formula, dance classes, doctors' bills, and everything in between.

And, with Scott as a new dad, he’s got some serious questions to ask about how he can best raise his own daughter on a budget without sacrificing any quality of life in the process. Jen talks through the surprise expenses that most new parents overlook, how to save money on some of the most expensive items you need, the cost of child care and how to make it affordable, and whether to invest for your child’s future or your future retirement!

00:00 Intro
03:14 Annual Costs of Raising a Child
12:35 The True Cost of Child Care
28:16 Car Seats, Formula, and Common Expenses
37:00 ALWAYS Keep an Emergency Fund
38:57 Investing For (and With) Your Kids
49:18 Connect with Jen!
50:03 Do This Before You Have Kids!

Show Notes at:
[ Ссылка ]
~~~~
Join the BiggerPockets Money Facebook Group:
[ Ссылка ]
~~~~
Find an Investor-Friendly Agent in Your Area:
[ Ссылка ]
~~~~
13 Simple Hacks to Dramatically Lower Your Healthcare & Childcare Costs:
[ Ссылка ]
~~~~
4 Ways Real Estate Can Help Offset the Staggering Cost of Having Kids:
[ Ссылка ]
~~~~
Are Your Children Stopping You From Achieving Financial Freedom?
[ Ссылка ]
~~~~
Connect with Jen:
BiggerPockets: [ Ссылка ]
Website: [ Ссылка ]
Instagram: @investor_mama or [ Ссылка ]
~~~~
Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
Guests: [ Ссылка ]
Finance Friday: [ Ссылка ]
~~~~
Connect with Scott and Mindy on BiggerPockets:
Scott: [ Ссылка ]
Mindy: [ Ссылка ]

Episode 357

#biggerpockets #biggerpocketsmoney #money357

свернуть