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Learn about meeting, nurturing, and protecting children's needs, educational guidance, financial facts, legal responsibilities, and consequences of neglecting parental duties. Understand the significance of guiding children properly and providing financial support. Discover resources for calculating the cost of raising a child based on your family's income.
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Nurture Children • Providing the type of care that encourages healthy growth and development • Giving a child opportunities for encouragement and enrichment • When parents nurture, they show love, support and concern
Protect Children • Parents provide a watchful eye and quick reflexes to keep children safe. • Protect from others
Teach Children • Teaching is introducing new ideas, and providing stimulating environment. • Do you agree that parents are the child’s first teacher?
Guide Children • Using firmness and understanding to help children learn to control their own behavior How should parents guide children?
If income is below $38,000 you are in lower income. • If income is above $38,000 you are in higher income. • The USDA data, the cost of raising a child from birth to 18 is $124.800 for lower income to $170.460.00 for a higher income family • That doesn't even touch college tuition.
Financial Facts Parents who have a dual income of $40,000-$66,000 per year will spend approximately $170,000 on a child before age eighteen, about $10,000 per year.
Legal Responsibilities • Parents have a legal responsibility to provide food, clothing, shelter, medical care and education for their children. • Parents may also be financially responsible for damage to property or injury of another person caused by their child
What happens if legal needs are not met? • Parents can forfeit rights as parents. • If parents neglect their legal responsibilities as a parent, a judge may issue an order for termination of parental rights. • Reasons for termination of parental rights include severe abuse or neglect, abandonment, and long-term alcohol or drug abuse.
What happens to the child when parental rights are lost? • Foster care • Adoptive homes
Provide Financial Support • Children are expensive • Financial resources are needed to pay for clothes, health care, food equipment, and other expenses
The Cost of Raising a Child USDA 2006
Resource Time Go to websites below to find your family type and the cost of raising a family http://www.extension.umn.edu/info-u/finances/BF822.html http://www.babycenter.com/cost-of-raising-child-calculator http://www.bankrate.com/brm/calc/raiseChild.asp