Raising a child is a tough work; anyone who ever raised a kid, or is still doing so, will agree to this statement. Since children haven’t had their senses and mentality fully developed yet, some adults find it difficult to communicate with them and effectively understand them from a neutral point of view. This leads to problems to both the growing child and its parents, since this lack of understanding can cause serious bonding issues in the future. Nonetheless, there is a lot to do in order to raise a child. While dedication and determination are the major elements needed, one must ensure proper handling of the costs. Like everything else, raising a child involves money; and usually more than one would expect. That burden can be lessened very slightly through your tax refunds.
Determined by an official survey hosted in the UK, it has been found out that an approximate amount of $342k is required to raise a child from birth to 21 years of age. In the United States, however, this cost is over $94k to raise children from birth to 18 years of age. The drastic difference in cost is noticeable in these developed countries, and especially considering the US’s case, $3900 is the tax exemption cost per child. The tax credit, similarly, is $1000.
For developing countries though, the case is rather unfortunate. Since people from most developing countries barely live on $2 a day, it is easy to see how powerful poverty is in these places. In fact, over half the children in the world live in poverty, which means there simply isn’t enough money to raise a kid properly, especially given the sad living conditions.
The exact cost, however, would be $900 to raise a child per year, and a little over $16k to raise the kid to 17. The exact calculations become quite difficult to put into numbers, since a lot of developing countries’ families do not have a steady source of income. Some resort to trading to get necessary the goods, or to sell off their own crops and produces. All in all, the cost of raising a child in developing and developed countries is frighteningly contrasting.
Counting tax refunds when taking care of a child can be quite a complicated issue if one is not aware of the legalities involved. For example, if you are raising someone else’s kids and getting money for it, be it as a professional babysitter or a kindergarten manager, there are certain things that does not count as income as far as your taxes are concerned.
While the most obvious of these factors are the costs of the caring process and the difficulty of such, other details, such as the money received from looking after ill or handicapped children does not get included here as well. Also, if the child is adopted and the adopted parents are paying for the child’s wellbeing, then tax is not included in the income. So when pulling requests on tax refunds, keep in mind that these additional costs will not be counted as money you earn from your job.
Your kids will be young only for a short time. Pretty soon, they will not be as interested in family activities anymore and will be moving out of the house for college. This is why it’s important to make the most out of their childhood. No matter how busy your work schedule might get, always make time for family vacations and quality bonding moments.
Family vacations are an essential part of your children’s childhood. They will treasure these moments for years to come. So, make sure you give them the best kind of experience as you are educating them at the same time.
To make the holiday more memorable, consider buying or renting a big van for your family. There are several online sites that offer these services, from reefer truck for sale cheap to mini coach and passenger vans that are for rent. Do a little bit of research to find your best options.
We’ve listed some great vacation ideas for your family below. Make sure to clear up your schedule and commit to this activity wholeheartedly.
Beach vacations are perfect for children who love to swim. If you live far away from the beach, your kids will be especially grateful for this kind of holiday. Beach trips are perfect during the warmer months. If you don’t want to be in a crowded beach, go before the summer months start so you can have the whole beach to yourself. Don’t forget to bring those essential beach tools and toys to double the fun. Make sure to keep your eyes on the kids at all times, especially when they are wading or swimming in the water.
If you want to take a break from technology and the busy city life, a camping trip might be the best thing for you and your family. Kids today are too dependent on their gadgets, from televisions to game consoles, which can be harmful to their growth and development. Show them a different environment by bringing them outdoors and connecting with nature. To make the trip more fun, plan adventure treks or treasure hunts on the surrounding area of your camp site and let your kids explore. Of course, ensure that the area is safe and secured for your kids to roam around in. The Great Outdoors is an inexpensive way to treat your family to a fun adventure.
Kids will always be fond of theme parks. Oftentimes, the adults are also enjoying even more. There are countless of theme parks scattered all over the country for you to choose from. Most of these modern theme parks will also have a resort or hotel nearby where you can stay. Choose a resort that has great accommodation so you can relax after a long day of fun and play on rides. A couple of the most popular theme parks to consider include Disneyland, Magic Mountain, Legoland and Knott’s Berry Farm. Prepare to do a little bit of splurging as these places can be pretty expensive, especially if you have a big family.…Read More
True education starts at the child’s home. As a parent, part of your responsibility is to steer your kids to the right path so that they would know what to do when they are older. Typically, children who have not yet set foot in college have very little knowledge of what kind of careers they would want to pursue. It is important to lay out a nice foundation for them so they would have options to choose from.
The medical field is one of the most popular industries that kids are drawn to. If you see that one of your children is leaning more towards a career in medicine, nurture that interest so that it can grow even more. The medical field is one of the most high-paying industries in today’s society. Additionally, there’s also a great sense of fulfillment in this industry because you will be helping people.
Below are some of the popular medical jobs that can also be fitting for your child:
Phlebotomists maybe largely underrated in the medical field but they actually play a great role in treating patients. These healthcare professionals are specialized in collecting blood from patients for reasons such as lab examinations and such. There are typically no degree requirements in this type of job but certifications or phlebotomist training is still necessary.
Nursing assistants (or nurse’s aides) usually work in nursing homes, assisted living communities, hospices and hospitals. They are tasked to help patients perform daily tasks like feeding, taking medicines, walking, simple exercises and going to the bathroom. Just like nurses, these medical workers tend to develop a strong bond with the patients because they spend so much time with them. They play a key role in the recovery and well-being of their patients.
Pharmacists work in several medical environments like pharmacies, hospitals, clinics, universities, military bases and more. Some of their responsibilities include advising patients about medicines, supervising medicine supplies in the premises, medicine sales, medicine preparation and assessment, and more. Strong academics are required to be accepted in this job. Many aspiring pharmacists get a bachelor’s degree in a lab-related science (or related courses) before getting into pharmacy.
Dialysis Technicians are the main caregivers of patients who are going through dialysis treatments. Aside from the requirement of being highly skilled with the dialysis procedure and machines, these medical professionals also need to be caring and understanding of their patients. They have a very hands-on job with the patients, which make them a vital part of the recovery procedure. This kind of job typically requires a high school diploma, coursework and training, and some on-the-job experience.
There are several more healthcare jobs that your child can pursue. The great thing about this field is it does not require a lot of schooling but they can pay a pretty handsome salary. If you do not have the finances to send your children to finish a 4-year course in a university, consider these high-paying healthcare jobs instead.
While outdoor parties maybe a little bit more complicated to plan than small indoor events, your kids would surely enjoy it much more. Children often think of the outdoors as a magical place where anything can be possible. Their imaginations can easily run wild when they are outside of the house. Whether you are planning for a birthday party or just a normal get-together and playtime for your children and their friends, you can make this day happen with your outstanding party planning skills.
Where do we start? There are a lot of details involved in planning a children’s party. Take out your pen and notebook and do a checklist so you won’t miss out on anything important. Follow our simple guide below to make your party planning tasks easier:
Scout for a good location.
The location is one of the most vital parts of your event. If you are doing an outdoor event, scout around for gardens, camp sites and even friends’ backyards where you can do your party. If you have a big backyard space at home, consider doing the event in your own house. Also, keep in mind to track the weather on your chosen date. If there will be foreseeable rain or hot waves, you might need to rent a party tent for shade.
Games and other fun activities.
An outdoor children’s party will never be complete without some fun and games. While the parents are guardians are probably looking forward for some food and socialization, the children will be heading for the games. Incorporate a couple of outdoor games such as potato-sack race, three-legged race, limbo and treasure hunts to keep the kids entertained. Make use of all the space you have in your outdoor location.
Fun decorations and other entertainment.
Aside from the games planned for the kids, you should also make the venue itself fun and appealing for everyone. Consider doing a themed party and style the place according to your chosen theme. Another great addition to your setup is a bouncy castle, which will be a big hit for both kids and adults. Bouncy Castle Hire options are extensive online, so you would have countless to choose from. Photo booths will also be a nice addition to your outdoor party. It will provide a great form of entertainment for the adults and will also capture fun moments.
Food and giveaways.
Food is, naturally, essential in an outdoor party. Instead of serving the food buffet style, like you would in an indoor event, have fun with the presentation. You can even do freshly grilled food like hotdogs and burgers, which are among the kids’ favorite foods. For themed parties, your food and drinks can be even more fun and interesting. Consider hiring a buffet service if you do not want to cook for a large crowd. Finish the party well with carefully handpack giveaways for your guests with a thank you note or even a photo memorabilia to make the event more memorable.…Read More
It’s true that kids are very prone to accidents. Just running through the living room or biking around the garden can possibly cause some injury to your child. These injuries may range from a knee wound to a bone fracture. Most of us know what to do when such injuries occur. For simple knee wounds, just simply cleaning and dressing the wound can help stop the bleeding and heal it. For a more serious injury such as bone fracture, taking your child to a professional physician can help him recover. But what if your child permanently loses a tooth due to a serious mishap? What should you do?
Many kids and teenagers lose their teeth due to various accidents. And for parents, it’s totally a nightmare. Of course, no parent would want to see their child suffering because of a missing tooth. Depending on the number of teeth lost, the effects of it can be very stressful and hard. Your child may suffer from self-esteem problems, may have a hard time eating, and may also experience difficulties in speaking.
Fortunately today, there are various options that you can choose from in order to replace the lost tooth and bring back your child’s sweet smile. The two of the most common options are bridges and dentures. They are an ideal option if you only have limited budget since these alternatives only cost a few dollars. However, if you want a more realistic-looking replacement, go for dental implants. Today, dental implants are becoming popular since they remove the hassle of removable dentures, and they even provide a next-to-natural and permanent way to rebuild a smile.
But unlike bridges and dentures, dental implants are expensive. The cost may vary depending on the case of the patient, the dentist or surgeon, and the place where you plan to get them done. Of course, the dental implants Colorado Springs cost differs from the dental implants Long Island cost, but usually the cost range from $1,500 to $3,000 for a single tooth, but it could be higher in other areas. If you want to consider this dental procedure, you may want to visit several clinics in order to compare prices and choose the one that best suits your budget.
Of course, you would also want to consider your child’s age before you take him or her to the clinic. Dental implants are extremely serious procedures, and they are only done after a complete and thorough observation of the teeth. Well, a professional dentist will inform you if your child can get dental implants. Yes, there’s a recommended age for getting dental implants. Children must be at least 15 years old (for girls), or 17 years old (for boys) before they can get an implant. The reason is that dental implants must be placed after the jaw growth is completed. Placing them before your child’s jaw has finished growing can cause other dental problems, which of course you don’t want to happen. If your child is just in his or her early teenage years, wait for a little while until your child reaches the allowable age.…Read More
As the tax payment dates approach, many people run around frantically trying to calculate all the necessary expenses that they had in the previous year. The best way to avoid that would be by keeping close records of all the important expenditures the year before. Despite that, however, there are many others that struggle to fill in the tax return form on their own, and although they can get help, some would rather handle it on their own. And for people as such, they can now submit their tax returns online.
There are many people out there that don’t have to worry about doing their tax returns on their own, as they hire accountants or tax agents to do their work for them, and this way, they don’t have to worry about the online submissions. However, those that would rather do it on their own, they have 2 options.
For those that have straightforward taxes, they can use the browser-based, myTax, which is a simple platform for people with no tax complications. This is especially for those that have only had 1 job, haven’t moved from one job to another, and don’t have to deal with complicated tax issues. These people just have to sign up to receive the myGov service. This service also offers other governmental services aside from just tax returns, as such as Centrelink, Medicare, etc. And this is relatively easy to use, as you can use it from the technology of your choice and because it’s browser-based.
The second option is for those that have more complicated taxes. There is another software for people as such, called e-Tax, which can be accessed through Macs and Windows PCs. Once again, it is required for them to have a myGov account in order to gain access to it. The most updated 2015 version of this software will be released on the 1st of July this year.
It has been deduced that around 1 million people chose to use the myTax option for their tax returns last year. This year, the software has improved further, and it now includes lump sum payments, foreign pensions, managed investment funds, and superannuation.
However, despite the fact that people can now fill up their tax returns from home, this still does not exempt them from making errors, and it has been found that people are afraid of making mistakes. That said, ATO has clarified that they will not penalize people for this.
Finally, no matter which platform you use, you can use it as an opportunity to take advantage of the information pre-filling from the bank, your employer, health service provider, etc.
Paper returns are not as effective as the online submissions, which is why, ATO has made the lives of its tax payers easier and has allowed the use of online tax payments through 2 options. Furthermore, unlike the general fears, ATO will not penalize on the minor errors that one might make while filling out the online application.…Read More
Dogs are one of the greatest animal friend that human beings have. However we should not forget that they are still animals and possess some behaviors that are not to our liking. Mainly this is the key reason behind training your dog.
The aim of dog training is to modify the behavior of your dog, which can either be for it to assist in specific activities or undertake particular tasks or for it to participate effectively in contemporary domestic life. This is done through the use of the environmental events of antecedents and consequences
After you decide on some new skills you’d like to teach your dog, you’ll be ready to start training. To maximize her learning potential and make sure you both enjoy the training experience, keep the following basic tips in mind:
There are a variety of established methods on how to train your dog that you can use. These include:
Having a longtime time investment or saving for the future is one way of securing a better tomorrow. There are various ways to make use of money or funds at our disposal for the different projects through wise management and the right approach. Investment strategies may be obtained through financial advisors on how to allocate and make good use of the capital you have. For instance, if you are a self-managed super funds (SMSFs), you need to find a SMSFs advisor to guide you on how to manage your funds and investments. Payroll services Australia come handy by providing services to the already established businesses and firms to ensure a smooth running of the non-core services it offers.
The payroll service companies serve a non-core purpose to many organizations, businesses and companies by offering services which may not be core to your business but as important as the core items. In Australia, the Payroll service Australia is a recognized company that has wide services that it offers to employers and individuals at large. Some of the services being offered are: making pay slips, process payroll using your software, make slips and payments including superannuation payments. Since different firms have different requirements; only choose services that you think your company needs or lacks enough time to execute those duties on its own hence, require a specialist to do so.
Managing SMSFs is quite tricky and challenging as one is liable to all the risks and crucial decisions that require to be taken in the shortest time possible. SMSFs investors require to have full knowledge, skills, time, assets and be well acquitted with the legal processes to successfully run the funds. When setting up SMSFs, the actual goal is to have a good superannuation in future by managing it well. Since the SMSFs are busy most of the time as they are involved in every aspect of their investment and cannot therefore delegate some duties exceptionally, they need to delegate and assign some of the non-core functions of their part of the business which are very important like the superannuation to a firm like Payroll service Australia: payrollserviceaustralia.com.au, whom are well equipped and have experts to run these services very well. By doing so, the members of an SMSFs who are also the trustees will have their retirement benefits secure and paid with ease when the right time comes as the Payroll service Australia will deliver.
The basis of SMSFs is providing a retirement strategy while at the same time acting as an investment policy needs to be well managed. With all the activities that the SMSFs got engaged in, their investment or superannuation payments should therefore be secured and managed by experts like the Payroll service Australia which has been in this field for over 20 years and has a well established team to perform the superannuation and payroll functions. SMSFs should therefore embrace the payroll service as a way of delegating duties and ensuring that their member’s funds can be obtained in the future with much ease and through the right channel.…Read More