General

"How Much Should I Pay the Babysitter?" & Other Kid-Related Money Questions

Kids. As soon as they make their grand entrance into our lives, we're hit with a tsunami wave of money-related questions and issues that we've likely never faced before.

Such as: How much should I pay the babysitter? When do I start giving my kid an allowance? How much do I pay a kid to mow my lawn? Should I save in a 529 Plan?

Notice a trend? As your kids grow, those money questions only get more complex. This is when some of us turn to friends and family members for advice; others pay a professional - and yet others take their questions to the online community.

In this week's round-up of Q&A activity on Mint Answers, we feature the four questions above, along with some of the suggestions shared by the Mint community.

To read more answers or to chime in with your response, click on the links below.

How much should I pay the babysitter?

I have a newborn and would like to have a couple of nights free per week.

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