Thanks to all who have been stopping by. We are working on adding more content. The 13 kids and 3 grandkids are occupying most of our time. That and work, and play, and life and homeschooling the little buggers.
Enough will our excuses…off to write.
Breastfeed if at all possible. I mean if you’re a dude you can’t, but if you are women you should be equipped to give it a whirl and see if it works for you.
Breast milk = FREE
Formula for a year = $1,200-$1,500 (more if you use the fancy-pants stuff) depending out which formula you use*
* this doesn’t include the cost of bottles and nipples. Nor does it factor in the health benefits (for baby and mom) and the time savings of breastfeeding.
- Breast-fed children are more resistant to disease and infection early in life than formula-fed children
- Breast-fed children are less likely to contract a number of diseases later in life, including juvenile diabetes, multiple sclerosis, heart disease, and cancer before the age of 15
- Mothers who breastfeed are less likely to develop osteoporosis later in life, are able to lose weight gained during pregnancy more easily and have a lower risk of breast, uterine and ovarian cancer
12 of our kids got the boob-jucie (#13 was a foster baby) for the 1st year of their lives. I figure we saved between $14,400-$18,000 over the past 23 years, probably towards the lower end of that range since we would have bought store-brand formula…in bulk…when on sale…cause we are cheap that way.
Find a mentor. Someone that you look-up to for their financial deftness. The man/woman/couple who has it together financially. But don’t choose by appearances. Just because they have fancy clothes, a large house and 2 BMW’s in the driveway DOES NOT mean they are with it financially, It could actually mean the opposite. They may make a great income but spend a greater amount. Avoid these types, they are financial poison. The people that I’m talking about are the people that have no debt, well funded retirement accounts, and wear regular guy clothes.
A person who makes $50,000 per year and spends $40,000 a year is going to make a better mentor than the person who makes $250,000 a year and spends $300,000 a year.
Find someone that you can meet with and bounce ideas off. This could happen on a regular basis, monthly get-togethers. Or just when questions arise and you need to run an idea by someone who doesn’t have a personal interest in the issue/problem.
It would also be a bonus if this person has already successfully raised a family. Raising financially responsible kids is a great responsibility we have been given. We need to get this right. So look for people that have adult children that are doing well also.
Don’t know about y’all, but I can use all the help I can get.