As any parent will tell you, young children grow like weeds. They’re continually outgrowing their clothes, making new clothes a significant expense for parents. But if you adopt these smart shopping and care strategies, you’ll save money — and your sanity.
Raising a child isn’t cheap. Fortunately, there are several tax deductions and credits available to parents with dependents. And the child tax credit has an important update parents should know about in 2021 — advance child tax credits that give you the money you need now instead of at tax time.
After a summer of adventure, the time has come for kids to get ready to head back to school — and that means spending a couple hundred dollars or more on back-to-school clothes. But it doesn’t have to. With these strategies, you can survive the back-to-school season without breaking the bank.
For parents vacationing with little ones, the thought of subjecting fellow travelers to hours of uncontrolled wailing is mortifying. These tips from a dad who’s been there can’t stop diaper blowouts or screaming fits, but they can increase the return on your vacation investment.
Student loan debt is growing six times faster than the U.S. economy. Fortunately, the government offers a tax-advantaged account called a Coverdell education savings account to help you save and invest money for higher education. Is it the right choice for your family?