Thursday, May 13, 2010

How would you handle the financial responsibilities that come with being a parent?

This is for teen parents. Its for a project.How would you handle the financial responsibilities that come with being a parent?
My daughter is a teen parent, and she is handling the financial responsibilities very well. As soon as she found out she was pregnant, she took two summer jobs and started saving money. She continues to work at one of those jobs part time, even though she is going to school and caring for her child.





She wanted to move out of our house, but stayed here to save money on rent and food. She shops at rummage sales and secondhand stores. She filed for child support and insurance coverage from her baby's father. She gratefully accepted gifts and help from family and friends. And she used every available service, such as WIC, child care assistance, visiting nurse, and a teen parent program at school, to help offset the baby's expenses.





She is taking free college courses through her high school this year, will graduate with over 40 college credits in the spring, and will apply for as much financial aid as possible so she can finish college and position herself to get a good job in a few years.

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