From the Sharpie of Carl Richards: A Balanced Family Budget

There are a lot of things that come with having children, such as sports, camps, lessons and other activities that can stretch the family budget. Carl Richards, director of investor education for the BAM ALLIANCE, writes that there are other things to consider than just money when it comes to the family budget.

“You have to consider time, energy and money when trying to find some semblance of balance. While one thing may cost less, it might require far more time or energy. There isn’t a magic answer to finding our mythical balance, but at least thinking about it is a good first step.”