My daughter turned three this week, so I’ve been giving some thought to her future needs and finances, as well of those of her big brother.
Sadly, my own parents divorced when I was a baby (I’ve always been a troublemaker!), leaving my mother to raise two young children on her own until she remarried several years later. I remember two things from my early life: my mother worked long hours in low-paid jobs, and she balanced her budget very carefully so as to make ends meet without getting into debt. Thus, there wasn’t much left over for treats or luxuries….
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