Raising kids is one of life’s greatest joys — and one of its biggest expenses. Today, the average cost of raising a child in the U.S.opens in a new window is about $21,681 a year. That adds up to more than $237,000 by the time they turn 18.
And that’s before you even think about college.
We’re not here to stress you out. We’re here to help you feel ready.
In many households, childcare and housing are the two biggest monthly expenses — often topping $1,000 each. These aren’t extras. They’re essentials.
So if you’re feeling the pressure — you’re not alone.
Your Budget Should Grow With Your Kids
As your child grows, your expenses shift — fast.
What starts as diapers and daycare soon turns into school supplies, sports fees, and extracurriculars. That’s why it’s so important to review your family budget regularly.
Monthly check-ins aren’t just smart. They’re necessary.
Start Planning Early. It Really Pays Off.
Looking ahead can ease a lot of future stress. A few smart moves now can pay off big later:
- Open a 529 College Savings Plan
- Look into a Coverdell Education Savings Account (ESA)
- Take advantage of new rules that allow unused 529 funds to roll into a Roth IRA
Even small, steady contributions add up over time.
Simple Choices Make a Big Difference
You don’t need the most expensive stroller. Or the newest everything. Focus on what your child really needs — not what social media says you should buy.
Being practical isn’t just budget-friendly. It gives you freedom.
Freedom from stress. Freedom to be present for the moments that matter most.
We’re Here to Support Your Family
At Central Valley Firefighters Credit Unionopens in a new window, we know every family is unique. So are your financial needs.
We’re here with:
- Personalized guidance
- Flexible savings options
- Local service from people who get it
Let’s build a plan that grows with your family — one step at a time.
