As a professional nanny we can see our employeers spending hundreds if not thousands of dollars on items at the drop of the hat. At times this can cause a nanny or anyone for that matter to try to “Keep with the Jones”. This is what can sometimes get a nanny into debt.
The past 3 weeks we have gone over how to set up a budget and track daily expenses. This week I will share with you a great little tool online called a Debt Management Calculator by Bankrate.
To read the rest of the article on How much & How long visit The Financial Nanny.