Budgets and Money

Child Care Budget Help | Protective Life

Your child may be on summer break, but there's no break in your wallet.  Summer child care can be expensive.  Research local options for child care savings in your area.

 

Budget Help For The Lazy Days of Summer

Start a sitter-share.

Sitter shares or nanny shares are a popular option for friends who have children within a similar age group. One nanny or sitter is employed on a full or part-time basis, and the costs are divided up between families. The sitter enjoys a premium childcare gig, and the parents enjoy a discount on his or her services, not to mention a little extra budget help.

Send those kids back to school.

Summer care programs offered by local public schools can be an extremely affordable childcare option for parents. Find out if such programs are offered in your community. If they're not offered by your child's school, check with other public schools in the area. Some private schools may also offer summer childcare programs, but the costs of these programs will vary.

Get the student advantage.

The sitter market is flooded with experienced (or less experienced) college-age or high school-age students enjoying their summer break. See if a trusted teen or college student in your inner circle would like to turn their summer vacation into a more lucrative business opportunity. They may sincerely appreciate the extra student budget help. If no one springs to mind, ask your friends and family members for sitter recommendations. Don't forget about teachers - some are perfectly happy to make a little extra cash during their summer breaks.

Check in with your local rec center.

Many rec centers, parks departments, museums, colleges, and other publicly funded institutions offer inexpensive and even FREE summer camps and enrichment programs for children during the summer months. Private summer camp options can be exorbitantly priced, so don't miss out on these more affordable enrichment opportunities.

Cash in on your vacation days when it counts.

Many sitters head back to school in August, and many daycare or summer camp programs conclude in early August in order to accommodate their schedules. If you've accrued a lot of vacation time at work, consider taking off a few weeks during mid to late August or early September, right before your kids head back to school.

If you could use more budgeting tips for families or you would like to find out how you can start saving for baby's college tuition, check out the Protective Learning Center.

 

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All Learning Center articles are general summaries that can be used when considering your financial future at various life stages. The information presented is for educational purposes and is meant to supplement other information specific to your situation. It is not intended as investment advice and does not necessarily represent the opinion of Protective Life or its subsidiaries.

Learning Center articles may describe services and financial products not offered by Protective Life or its subsidiaries. Descriptions of financial products contained in Learning Center articles are not intended to represent those offered by Protective Life or its subsidiaries.

Neither Protective Life nor its representatives offer legal or tax advice. We encourage you to consult with your financial adviser and legal or tax adviser regarding your individual situations before making investment, social security, retirement planning, and tax‐related decisions. For information about Protective Life and its products and services, visit www.protective.com.

Companies and organizations linked from Learning Center articles have no affiliation with Protective Life or its subsidiaries.

Budget Help

Looking for budget help when it comes to finding affordable childcare for the summer? Here are five budgeting tips on how to save on summertime childcare expenses. For more information, visit the Protective Life Learning Center.

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