Parents responsibilities

hosim — Tue, 04 Dec 2012 04:32:13 +0800

After working with your child’s medical care team to understand the diagnosis, the next important step is to think about insurance and financial planning. Some parents worry about the additional health care costs that their baby may have.

As an expecting parent, you've got a million things to do before the stork arrives - getting a new crib, working out the delivery details with your doctor and not to mention picking out a name for your newborn.

But don't neglect your finances.

"I think people should start planning as soon as they know they are having a baby," said Linda Murray, the executive editor at BabyCenter.com, a Web site that provides advice to expecting parents.

Insurance: making sure you're covered
Upon learning the good news, adequate health, life and disability insurance coverage should be at the top of your priority list.

Jeanne Robinson, a certified financial planner with the Marshall Financial Group in Doylestown, Pa., said simply knowing what medical expenses will be covered during the pregnancy is key.

"The worst thing is having a shock financially come along after the pregnancy," said Robinson. "It's important to understand what you have and what is available to you."

Creating a life and disability insurance policy or increasing your existing coverage is also essential. In the event of a tragedy or a debilitating illness, you need to ensure that the mortgage is taken care of and that child care costs are covered.

Dr. Steven Weisbart, an economist at the Insurance Information Institute, said that a good rule of thumb for disability coverage is 60 to 65 percent of your gross salary.

While many new or expecting parents may be reluctant to think about buying life insurance, Weisbart said that you should make sure your policy covers 10 times that of your existing salary.

"The goal should be, if you are a new parent, to be able to replace the income you would generate until the child has grown and left the house," he said.

Appointing a guardian is also important since you might prefer a parent or sibling take care of your child instead of letting a court decide.

Do not ignore these sentences because it is really happening around the world, be a responsible parents, lets do something for you and your child future.

http://www.youtube.com/watch?v=1aZP7V2No-k

What will happen to the baby future if parents have no good financial plaining for the family if any unexpected happen?

http://www.youtube.com/watch?v=XbJQYuYgejs

Prumy Child

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Managing a Tadika

hosim — Tue, 24 Jul 2012 10:25:45 +0800

NEED HELP/ ADVICE!!

I am planning to bought over a Tadika as my own business. Before I really really bought over, I would need some advice on how to manage/ run the business from top to bottom.... and what are the details I am required to know?

or should I just work there? HOW.....???

Reason to bought over the business: Want to be own boss.

Please advice...

Vintage Earing

hosim — Mon, 23 Jul 2012 15:55:58 +0800

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