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Welcome to ParentingwithSara.com
featuring Parenting Advice, Child
Care and Child Raising Advice.  Sara
not only has children and grand
children, but also has a degree in
Psychology, a masters degree in
Family Counseling and was a family
specialist in Lousville, Ky for more
than 10 years.
Dear Sara answers parenting and child raising
questions from readers, new columns are
posted on Mondays and Thursdays, this column
was published September 24, 2009



Dear Sara,
My husband and I are in our mid
thirties and have 3 kids.  We are in a
mess financially. We both work but
with daycare, car payments and
house payment, we seem to be
going in the hole every month.  

This is so stressful and I know that
the kids are feeling it too.  I want to
get back on track financially but it
just feels impossible.  How do I start
getting out of this mess?
Melanie

Dear Melanie,
The first step is wanting to change
things and you seem to be at that
point now.  One of the foundations of
a solid marriage and family is the
ability to manage money.  When there
isn’t any allocation of funds, your
money is spent haphazardly and at
times daily needs aren’t met or the
credit card bill explodes.

There is an underlying anxiety that
the kids sense or feel because no one
is in charge of financial responsibility.  
Your first step has to be to create a
budget.  You and your husband can
start by writing every single thing that
you spend down on paper and start
to visualize what you can cut back on.

Let your kids see what you are doing
and teach them as you go along.  
They need to know how to manage
money and one of your parenting jobs
is to be their teacher.  How to budget
can be first but things like how to
save up for what you want, respect
for credit cards and investing wisely
for the future are things they also
need to know.

Dave Ramsey’s book,  Total  Money
Makeover.  A Proven Plan for Financial
Fitness,  has a step by step program
for getting your financial act together.  
It won’t be easy and it may take a
while but it will be worthwhile to be
rid of all of that stress.  Good luck.

Sara