3 Great Reasons To Keep Home Schooling Your Kids After Lockdown

When the COVID-19 pandemic first hit, we all retreated into our homes. And, suffice to say, it was a pretty steep learning curve for most of us. We had to learn to grapple with the logistics of doing our jobs from home. And, sure, all the studies say that you can be more productive at home. But the studies probably didn’t factor in having to placate and stimulate frustrated kids alongside doing your job full time. In lieu of being able to take their kids to school, parents began home schooling their kids. And it didn’t take them long to start to realize the benefits.


Image by Andrea Piacquadio via Pexels

Now lockdown restrictions have been lifted and most states are doing what they can to send the wheels of commerce back to their usual speed. Although some industries are finding it easier than others. And while President Trump has been very vocal about the importance of getting kids back in school, a growing number of parents are asking… why? 

Why send your kids back to school when you’ve seen how much home schooling can benefit them. Here are some very compelling reasons why you should continue to home school your kids even though national lockdown is no longer your reality…


You already have the skills and resources

You’ve invested time and effort into being an awesome teacher. You’ve invested in lesson plans and teaching resources- like these awesome (and free) lesson plans https://studentreasures.com/teachers-lounge/lesson-plans/fourth-grade/. You’ve gotten to know your child not just as your son or daughter but as a student. You’ve gotten a real hands-on understanding of how they learn, what motivates them and where their interests and passions lie. It seems such a shame to lose that momentum in their education. 


It’s potentially much safer

Why should we send our kids back to the petri dishes that are our schools? Why should we risk endangering their wellbeing? While historically fewer children have contracted the disease, we know that they can spread it everywhere they go, even if they remain asymptomatic. Home schooling your children can make a huge contribution to preventing the spread of the virus, helping to keep your family and your community safer.


You can tailor your kids learning to their needs and ambitions

Unlike most other countries, the USA doesn’t have a national curriculum. Giving home schooling parents a greater degree of autonomy and the ability to tailor their children’s learning to their needs and career goals. Of course, it’s still important to ensure that they have a grounded and holistic education that encompasses all the basics and helps them make a better informed understanding of where they want to specialize. But as your kids develop a clearer sense of where they want to go in their work and careers, you have the ability to tailor their curriculum to better suit their needs and ambitions. No more “one size fits all” approach to study, and no struggling for your child’s voice to be heard in a cohort of 30 or more.

When you think about it, returning to the status quo seems… kinda crazy if you have the time, the talent and the resources to home school! 

How To Get Out Of Debt

Image Credit Pixabay.com License CC0

Are you in a lot of debt? Not sure what you can do about it? If you are struggling with debt, you’re not alone. Debt affects up to eighty percent of us. Stop and think about that for a second, as many as eight people in every ten will have debt problems of some description at some point. 

Debt can cause major issues in your life. It can leave you feeling stressed and depressed and the financial worries can really keep you up at night. 

Although debt may feel bleak at the time, it is possible to get out of it. But how do you do this? 

In this article, we’ll look at a selection of tips aimed at getting you out of debt. Some will be practical tips designed to change the way that you handle your specific debts, while others will change your lifestyle and the way that you deal with spending. 


Admit That Your Debt Is Out Of Control 

The first thing that you need to do when you are in debt is to admit that your finances are out of control and that you are unable to manage them anymore. 

If you hold onto the view that you don’t have a problem, you’ll never solve your debt worries. But if you can let go and admit that you need help, then you will be more likely to resolve your issues. 


Stop Ignoring Bills And Bank Statements 

When you get bills and bank statements, do you put them in a pile without opening them or reading them? You may even be someone that throws them away. ‘Out of sight- out of mind’ is not a logic that you should apply to your finances. 

When you get a bill or a bank statement- open it. Make sure that you read it and that you fully understand your current financial situation. If you need to take action based on the information in the bill or statement, then you should do this immediately. 

Use online banking so that you can keep up to date with exactly how much money you have in your account at any time. 


Get Help From A Debt Charity 

Speak to a debt charity and get help with your finances. By getting an impartial review of your finances from an organization that was set up to help people who, like you, are struggling with debt, then you may find solutions to your problems. 

A debt charity may help you to restructure your debt in a way that will make paying it off more manageable. 


Prioritize Your Debts 

If you have several different debts with a number of different organizations, you’ll have different interest rates to think about. You’ll also owe different amounts and have different installments to make on your loans. It is essential that you make the minimum payment to each of your debts each month. Where possible, you should repay more than the minimum amounts required. 

Often, the minimum required payment will only cover the interest. This is certainly true of credit card debt. 

Pick the highest interest debts to repay more than the minimum payments on as these will cost you the most in the longrun. 


Use 0% Balance Transfer Offers To Clear Your Credit Card Debt

If you owe money on a credit card then you will know that the interest rates can be quite high. It is easy to get stuck with a lot of credit card debt and be unable to clear it easily, especially if you are not able to make big payments. 

One of the best ways of reducing credit card debt is to get a 0% interest balance transfer. By taking out a new credit card which has a 0% balance transfer feature and shifting the debt to it, you could save yourself a considerable amount of money and make it easier to repay the debt. 

Find out how long the balance transfer offer is applicable for. Often, interest will kick in after a year or 18 months after which time, if you still have debt on the card, you will need to move it again to another card with a similar balance transfer offer.


Consolidate Debts 

If you have several debts with a number of different lenders, then you should consider consolidation. 

When you have different debts you’ll have different end dates on loans. You’ll have to worry about multiple payments and juggling interest rates. Often, when you have multiple debts there is no end date by which you’ll be free from your debts. 

By looking to find installment loans with Wise Loan, you can pay off all of your existing debt using your new loan. Then, you’ll just have one single loan to repay. This will mean one outgoing payment, one interest rate, plus you’ll have an end date by which time you will be completely debt-free.  


Learn To Use Your Credit Card In The Correct Way 

Credit cards may be the source of a lot of your debts, however, they can be very useful when they are being used in the correct way. 

Credit cards are useful for making major purchases with, however, you must repay the debt immediately, or you will end up deeper in debt. 

They are useful because of the protection they offer. If anything goes wrong with the transaction or the item you are purchasing, you will be able to get support from your credit card company. 


Close Any Unused Cards And Accounts 

If you have any unused credit cards or bank accounts with overdraft facilities, then you should close these. Not only will closing unnecessary lines of credit improve your credit score, but it will also ensure you are not tempted to use them anymore. Therefore you won’t get sucked in further debt. 


Review Your Outgoings 

Go through all of your outgoings and list them in a spreadsheet. Try and look at where your money is going to each month. List all of your outgoings from the last few months and put them into columns based on what type of outgoing they are. For example, have a column for household bills, food and drink, miscellaneous spending, and for debts. 

Look for patterns in your outgoings. This may be a useful exercise for spotting spending trends. 


Cancel Any Subscriptions That You Don’t  Need 

While you are going through your expenses, identify any services products that you are currently paying for that you’re not getting the full benefit of. You may have subscriptions to TV steaming services that you’re not watching often enough to warrant paying for. You may be paying for gym membership but are not attending the gym. 

Anything that you’re not using should be cancelled. Although it may only seem like a small saving, this will soon mount up to something bigger. 


Switch Utility Companies 

There is a chance that you may be paying too much for your utilities. When signing up for services such as these, you may get some enticing introductory offers. But eventually, these offers will expire and you’ll be left paying much more. 

Shop around and see if you can switch to a new provider. Remember, that the great offers that they will entice you in with will only last for a certain amount of time, so you’ll need to look again at switching if the price becomes too high. 


Create A Budget 

If you have a budget in place that that will cover all of the different aspects of your life, then you will be able to better control your finances. 

You will need to work out exactly how much your regular outgoings will be. Ensure that this includes all of your loan and credit card repayments as well as all of your bills. 

Compare this with your total income and whatever you have leftover should be used to cover everything else such as food shopping, spending money, and travel costs.  

Split up any remaining money realistically and make sure that you have enough money in your budget to buy food. 


Change Your Eating Habits 

Often eating and shopping habits contribute to the debt that you find yourself in. If you’re someone that eats fast food and takeouts instead of cooking homemade meals, then it is likely that you will struggle with money worries surrounding your food budget. 

This is a habit that you will need to break. You should start seeing takeout as a treat rather than having regularly. 

Create meal plans. This will mean planning out what you will eat in advance. It will also make shopping at the supermarket easier as you’ll have a very specific shopping list. 

Using batch cooking is a great way of ensuring you have low-cost meals that are already prepared for you. You can batch cook meals by cooking up a large quantity of a meal and portioning it up before freezing it. You can cook several meals at once in this manner to eat at a later date. This is a very cost effective way of saving time and ensuring you get to eat a good meal. 




How To Recession-Proof Your Finances

Everything was going swimmingly before the pandemic. Now, months after it first appeared on the world’s radar, it has forced several global economies into recession, and the US isn’t exempt.

Pixabay – CC0 Licence

Technically, we’ve been in a recession since the end of June/beginning of July, so it shouldn’t be a bombshell. However, just because you don’t feel as if you’ve been affected yet doesn’t mean it won’t happen. When times are tough and unpredictable, the key is to be savvy with your money and consolidate your position.

There are no guarantees, but the following pointers are designed to help you recession-proof your finances.


Add To Your Emergency Fund

Firstly, if you don’t have an emergency fund, you should start one pronto. Unemployment is at record highs currently, so it’s essential to have a buffer. Conventional logic says that you require around three to six months’ wages to offer breathing space. Of course, during a pandemic with no end in sight, it’s smart to boost the coffers by as much as you can. The key is to prioritize savings. Then, when your salary lands in your account, you’ll squirrel funds away first and use the rest for bills and essentials.


Pay Down Debts

It’s hard to create an emergency fund and add to it when you’ve got multiple arrears. After all, if you fail to meet the deadline, the already high-interest rates become even bigger. Plus, there are late fees and penalty fines. If you’ve tried all the plays in the book to no avail, a Debt to Success System service from an accredited provider could help. As a DTSS review proves, there are tons of businesses who understand how to utilize the method to save ordinary people thousands of bucks. 13% of Americans don’t save because of credit card debt, which is why hiring an expert could make all the difference.


Look To The Future

As soon as the value of the markets plummets, it’s tempting to react with emotion. Your portfolio includes a lot of money that you don’t want to lose, which is why you plan on getting it out quickly. Of course, it may be a small dip with no bearing on your investments whatsoever. As a result, removing your capital is a sure-fire way to lose money in the future. If you can, it’s essential to stay strong. If you can’t, you must consider everything from your risk tolerance to your risk appetite and suitability.


Upskill Yourself

A recession isn’t a time to sit back and hope for the best. Although it’s not easy to motivate yourself considering the circumstances, it’s never more important to invest in you, especially education-wise. Enrolling in college courses and learning new skills should allow you to stand out from the crowd if you need to apply for jobs. With forty-three million people on unemployment benefits, the market will be saturated, so a single qualification may be the difference between boosting your earning potential and scrimping and saving.

Hopefully, this advice will raise the odds of surviving a recession, now or in the future.