The Real Costs of Raising a Family (Ep. 7)

There are expenses every soon-to-be parent knows to expect. Diapers, clothing, baby furniture. But then there are the unexpected costs that creep up in the final trimester and later in life. How can you financially prepare for those expenses? In this episode, Jack Burnette and Alison Castellano discuss the importance of saving and budgeting for unexpected expenses in life. They share Alison’s personal experience with in-vitro fertilization(IVF) and the costs associated with raising a child, from the toys and furniture to the cost of college in the future. Jack and Alison discuss:  Why young couples or individuals should start a savings account early The cost of introducing a new child into the world – and the costs of raising that child The importance of planning for financial goals as a couple How to introduce young people to the cost of further education and the importance of saving And more Resources: Iter Financial Wellness RFG Advisory LinkedIn: RFG Advisory Connect with Alison Castellano: LinkedIn: Alison Castellano Email: Alison Castellano Call Alison: 205-504-9868 Connect with Jack Burnette: LinkedIn: Jack Burnette Email: Jack Burnette Call Jack: 205-613-4994