Chapter 12
Budgeting during Different Life Stages
IN THIS CHAPTER
Practicing how to budget while in college
Figuring out money management for couples
Handling childcare expenses as a couple or a single parent
Making the most out of your retirement funds
Your budgeting method can change over time, especially as the stages in your life change. Going to college, getting married, having a child, and retiring are milestones you’ll most likely face at one point in your lifetime. Each milestone is a major financial commitment that requires a unique money strategy. While your money may look different when paying off your student loan debt versus starting a family, you can absolutely utilize a budget to help you make the most of it. In this chapter, I provide information that can help you navigate financial decisions you will make as a college student, parent, couple or retiree.
Taking Responsibility for Your Money as a Student
When you combine the lack of personal finance knowledge most young college students have with the rising costs of education, it’s no wonder paying off student loan ...
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