The Hidden Costs of Raising Kids, And How to Avoid Them (costs not kids)

Raising kids is expensive, but there are hidden costs that can sneak up on you. From extracurricular activities to unexpected medical bills, it’s important to plan ahead so your budget doesn’t take a hit.

Pro Tips:

• Factor in the extras: Budget for school supplies, activities, and tech (like tablets or laptops) in advance.

• Consider childcare: Make sure childcare costs fit your budget before committing to full-time work or daycare.

• Prepare for healthcare surprises: Always have a little extra set aside for unforeseen medical expenses.

• Tax benefits: Make sure you take advantage of child tax credits and dependent care deductions.