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Parenthood may be one of the most important decisions you'll make in your lifetime. It is also a significant financial choice.
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Family finance management is a way to manage family finances regularly and thoroughly through the planning, implementation, and supervision / assessment phases. This management skill is very important to be owned by every family, because the sufficiency of family income depends on how to manage the family economy.
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Family planning will give awareness on organizing, evaluating, and handling of financial income to be financially literate. For years, the U.S. Department of Agriculture published an annual report that calculated the average cost of raising a child to adulthood, not including college expenses. That report hasn't been undated since 2017, but at that time, it found the cost of raising a child born in 2015 was $233,610 family planning will make them aware of the goal of generating income and gain insurance as this will help the family be protected against sudden financial loss or health accident.
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The benefits of financial family planning awareness will help ensure the education of the children by the financial decisions of the family on how to cope with the educational fees needed, the knowledge of gain insurance as this will help the family be protected against sudden financial loss or health accident
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