Episode 08 - How Kids Affected Our Finances: The Real Cost of Raising a Family

According to recent research the cost of raising a child to adulthood is $557,013 which is the reason why many chose not to have children.

In this episode of Money Matrimony, Hayson and Nikki dive into the financial realities of raising children. From unexpected expenses to lifestyle changes, sharing personal stories about how having kids impacted their finances in ways they didn't anticipate. 

We talk about practical tips on how to plan for these costs and strategies to keep your budget on track while raising a family.

Whether you're a parent or planning to become one, this episode will help you navigate the financial challenges of parenthood.

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Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional. 

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

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