Many millennials want to become parents, but their finances are holding them back.
The combined burden of student loan debt and sky-high housing prices make having a family seem like an unaffordable dream, but it doesn’t have to be. It might take some dollar stretching and extra budgeting, but you can afford to have the family you want — you just need to save for it!
Start your Baby Fund now
Take all that "eating out' money and fund that baby account. Did I hear you say "having a high-interest savings account is important?" Now that is funny. Crypto currencies would be a much better bet than trying to find a bank that even pays interest! Just saying.
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"having a high-interest savings account is important?"
Its finding the highs in the lows.....
You cant bet your Baby on a high volatility "asset" like cryptocurrencies.
Imagine its near the "due" date and its Feb 2014 or jul 2017?
A sudden drop of >50% in BTC (eg. of the least volatile Cryptocurrency)
and there goes your $$, can u ask ur baby to wait for 1-2mths before coming out??
Just some points to ponder on .
I agree crypto are good but must be able to tank long term and not for any form of planning or emergency funds due to its nature,
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I was being sarcastic, sorry. Maybe a 6 month CD would be more practical. Better interest than a savings account anyway.
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