Finances Are Taking a Beating from Inflation￼
Folks, there’s no magical formula or strategy that will make us inflation-proof, and we all know that we can’t control the markets. But you can control to some degree what you spend and save.
Are You Tapping Your Pandemic Savings to Cope with Inflation?
We’re seeing families having to draw on their savings, which includes money from the child tax credit as well as pre-pandemic savings, to combat higher costs on gas, food, healthcare and more, especially because wage gains are not keeping up.
Kids . . . They are Expensive!!
Luckily, parents don’t need to “save up” hefty figures before they have children, but they certainly should consider these long-term costs and ensure they are ready – both mentally and financially – before committing to parenthood