Having a kid changes everything. Before our son was born, we altered our financial plan. Currently, we are still saving for retirement. We have an emergency savings, but our debt hasn’t been dissolving at a fast pace. Until now, we have been ok with this.
That’s because of the plan. The plan was for me to get a job when our son started school. With my shiny degree, we figured that I could find something. That salary would be used to pay down debt and then accelerate our savings. Good stuff.
Now we are thinking of homeschooling. Big change in plans. We’re also considering moving again in a couple of years. It’s really exciting, but pretty scary at the same time.
I’m still wrapping my head around this whole thing. We’ve been thinking of it for awhile, but solidified our plans over the weekend. Any thoughts?
Kids do change everything and they are not cheap. I love involving our 4 year old in our family finances. She is learning about savings and work. So much fun to see her little mind at work. I can’t imagine homeschooling. Lot’s of pressure for one person. I really enjoy reading your posts.
Scott
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Scott,
That’s so great that you’re teaching your daughter about finances. I wish someone had taught me at that age!
I agree that homeschooling is a lot to take on. In our state, we are very lucky in that there are some great public cyber charter school options that give us access to teachers and provide a curriculum. I plan on writing more about why we have really started to lean towards this option.
Thanks so much for the encouragement, and taking the time to comment!