This week’s guest on the Consumerism Commentary Podcast is Kara McGuire, personal finance columnist at the Minneapolis Star Tribune. Kara’s column, Ka-Ching, runs every Sunday, and she also writes Ka-Blog, a personal finance blog.
In today’s episode, Kara, Flexo and Tom Dziubek discuss the cost of raising a child, how to get a jump on those costs and at what age to introduce children to financial responsibility.
Money & Parenting, Kara McGuire
Production/Segment: S02E25 / 69
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Table of contents
[00:00] Introduction from Tom Dziubek
[00:31] Interview with Kara McGuire
— [01:26] The cost of raising a child
— [04:09] Reducing child-related expenses
— [08:23] Saving money despite the expenses
— [10:20] Future college costs
— [11:43] Preparing before starting a family
— [13:54] Tax credits for parents
— [14:33] Workplace benefits for parents
— [15:42] Talking with kids about financial responsibility
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