Another lost sneaker? How to cover the unexpected costs of raising a kid

Money. Budgeting. Savings. They’re all stressful. And when you factor in the added expenses that can come with raising a child with learning and thinking differences, it can feel like too much.In this episode of In It, hosts Gretchen Vierstra and Rachel Bozek welcome personal finance expert Kim Palmer. Kim is a mom to three kids and she writes for NerdWallet. She’s also the author of three books about money: Smart Mom, Rich Mom; The Economy of You; and Generation Earn.Tune in to get Kim’s expert advice about budgeting when you have kids with learning and thinking differences.For a transcript and more resources, visit the In It page on Understood.orgWe love hearing from our listeners. Email us at [email protected] resourcesLong-term financial planning for a child with special needsChecklist: Saving for collegeListen: Impulse buying, negative bank balances, and the ADHD taxTimestamps  (1:38) Unanticipated expenses(5:54) Budgeting tools(10:53) Emergencies and the struggle to save(22:23) Letting kids in on the financesFor a transcript and more resources, visit the In It page on Understood.orgWe love hearing from our listeners. Email us at [email protected]. Understood.org is a nonprofit organization dedicated to empowering people with learning and thinking differences, like ADHD and dyslexia. If you want to help us continue this work, donate at understood.org/give Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.