Money Management Knowledge for Family Child Care
Articles and other resources on the business of family child care – money management.
Here are a variety of articles that can help you better manage your money and plan for retirement. Start with Leaning New Habits About Spending and How to Reach Your Savings Goal . For help with retirement planning look at Retirement Plans for Family Child Care Providers for a description of IRA options and Where Should I Invest My Money for Retirement? for a detailed discussion of the value of Index Fund investing.
Questions & Answers
Frequently asked questions and answers about money management.
Car Replacement Fund
This is a step-by-step plan from nafcc.org show you how to establish a car replacement fund so that you will eventually pay cash for your next vehicle.
Glossary of Financial Terms
This glossary provides helpful definitions for the most important financial terms for running your business.
How to Reach Your Savings Goal
Getting started with a savings plan is often the biggest obstacle to saving money. This article offers tips on saving money for both short and long-term goals.
Learning New Habits About Spending
This article discusses our spending culture and how to make saving money a higher priority in your life. It includes advice from providers about how to manage your money.
Retirement Plans for Family Child Care Providers
This chart outlines the differences in four retirement plans: Regular IRA, Roth IRA, SIMPLE IRA, and SEP IRA.
Where Should I Invest My Money for Retirement
This article discusses the importance of low management costs when investing in mutual funds for your retirement. It identifies three Index Funds that have low management fees.
Disclaimer: Materials and links provided by First Children’s Finance on this website do not constitute legal, accounting, tax or finance advice or professional services. Readers seeking professional advice about specific aspects of their business should consult a member of our staff or other qualified professional.