article thumbnail

How New Parents Can Save: The $241,080 Question

Saving Cents With Sense

Take out a life insurance policy. Options like Suncorp, in Australia, allow you to compare insurance options to provide the best for your child. Your child will receive this when they turn eighteen, giving them a great start at an independent life. Start couponing : Spend a little time to save a lot of money!

article thumbnail

What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

Get Insurance Did you know that the average life insurance cost per household is roughly $993 a year ? Coupon To be a frugal mom, you need to learn how to coupon. Build a Positive Credit Rating Hear me out: you need to pay off high interest debt as discussed above but also build a good credit score and rating.

Money 52