Are You a Parent? Tips to Help You In Your Parenting Job

Parenting is the toughest job in the world, yet it is also the most satisfying job in the world. There is nothing more satisfying than bringing a child into this world, raising him or her to become a responsible adult, and seeing him or she succeed in his or her life.

Why Should You Make Money as a Parent?

From the time you give birth to a child until he or she becomes a career man or woman, you will have to do a lot of things, for example, feed your child, buy clothes, pay for medical bills, pay for education, buy gadgets and gismos, and even give him or her money to start a business. Education is very costly, if your kid decides to go to a medical school, you might have to spend a lot of money for the tuition fees. In case, your kid wants to start a business, you might also have to fund your kid’s business. And this all calls for making a lot of money.

You are not rich and you have to work hard to pay your bills because your parents were poor or did earn much in their life. However, you as a parent have a chance to work hard, make a lot of money, send your kids to the best schools and colleges and save a lot of money for them so that they can live a comfortable life.

Early Childhood Education

Your kid is already 3 years old and you think the time has come for your kid to start formal education. You get yourself ready for your kid’s early childhood education. However, the main question is whether your child is ready or not. Your readiness does not mean anything unless your child is ready to start formal education. When your kid does not take a pencil or look into books, you might be thinking your kid is not yet ready for education. However, you might be wrong in your assumptions.

Sending kids as young as 2 years to school may not be a good idea, however, introducing education to your child is never too early. Instead of sending to school, you can try homeschooling. Even when you are already sending your kids to school, you can always help them learn at home.

Are You a Parent? Get a Whole Life Insurance Policy

When you become a parent, you also agree to the financial obligations like raising the kid, paying for education, medical bills, etc. If you are earning well, you may not have any problems in raising the kid, but what if you die or become invalid?

You encounter danger every moment. You are a perfectly healthy individual but something happens to your body and you become paralyzed or encounter an accident and you die. If you leave your spouse and kids with a lot of money that might help them but what if you do not leave any money?

That’s where the importance of whole life insurance comes. A whole life insurance policy gives financial benefit to your spouse and kids after your death. This policy helps people who do not have a lot of savings.

Child life insurance is an insurance policy that aims to help parents by providing financial assistance when the kid is sick. Child life insurance is also aimed at parents who might need money to pay for their child's education. If you are a parent, you should definitely insure your kid for at least 10 years.

Choosing a Career For Your Kids

I am against the opinion that parents should not meddle in children's careers. You will make a decision about your career once you graduate from High School. Until you are in school, you will be studying all subjects, but once you graduate from High School, you will choose specialized courses, like Science, management, Humanities, Medicine, Engineering, etc. When you are a High School graduate, you are just about 18-20 years. Can a kid of 18 years take a decision about his career? I believe parents should help the kids to choose the carer and kids should listen to their parents.

First published on Trendri, in author's name