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Stock impact report

Don't Make These 3 Financial Mistakes as a Stay-at-Home Parent [Yahoo! Finance]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: Yahoo! Finance
And in some cases, the cost of child care might drive you to take a career break. Care.com puts the average weekly cost of infant daycare at $321. For a toddler, it's not much less painful at $293. If you have multiple children needing daycare, the cost alone might wipe out much or all of your salary. So staying home with your kids could actually end up being a wise personal finance decision. At the same time, though, make sure to avoid these mistakes as a stay-at-home parent. 1. Not readjusting your budget to account for a loss of income If you used to work and are now a stay-at-home parent, the loss of your paycheck might constitute a blow to your family's finances. So it's really important to get onto a new budget that accounts for that lower income. Start by making a list of your essential expenses, such as rent, groceries, and healthcare. Then add in expenses that may not be quite as essential but are pretty important to your quality of life, like having access to streami Show less Read more
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