4 STEPS TO TAKE CONTROL OF YOUR FINANCES
like a boss.
1. A general overview
To get started, let's think of your finances in two categories:
money in and money out.
A budget basically adds everything you're making and subtracts everything you're spending. The idea is to get
($ in) - ($ out) = more than 0.
Got it? Ok! so Next let's dive into the money you're spending, and how that'll change with your new tiny person.
2. Let's tackle your expenses
here's a list of the top six costs of having a baby.
(on average -- this can be different depending on your situation).
And a few programs where you might be able to get free stuff!
larger expenses like food, diapers, & more.
Find your WiC Local Agency
Agencies in CO, MA, and NY
3. Do you have an income?
Nope!
Okay, cool. Government programs could be really useful for you, and family members often want to help support you. If you don't feel comfortable living at home, another source of support is
the best teen parent housing programs
If you want to start working,
stay posted for lots more info, but here are a few part-time and flexible job ideas that might work well to get you the income you need:
Yep, I have an income!
Great -- coming soon! We'll work on how to budget what you have, putting your money in bank accounts, building credit, and more.