Having A Baby
Everyone is excited about the new baby, who is just the cutest thing on earth. But cute doesn't pay the bills and kids are expensive. The U.S. Department of Agriculture estimates that the average middle-income family will spend over $190,000 raising a child until the age of 17 — and that doesn't include college.
Many new parents wonder how someone so tiny can cost so much to feed and clothe. Kids grow fast and their needs change all the time. Prepare yourself for purchases you never imagined making, of things you didn't even know existed.
Enjoy watching your child develop and grow, knowing you've got them covered. Our calculators help to cushion the financial shock and help you plan ahead.
Most employers give their staff maternity leave (those employing over 50 are obliged to) but few offer paternity leave and many parents are forced to make difficult choices. Many parents choose to take unpaid leave which has big implications for the family budget.
Before you know it, they'll be going to school, and then college, where they may still be counting on your support. It all adds up, and you may need to look for areas where you can cut back and save. It really helps to be well-prepared with a contingency plan for those unpredictable expenses and emergencies.
Questions? Call us today at 800-727-4743 or contact your local Nevada State Bank branch Relationship Manager to find out how our Banking Services can benefit you.