Wednesday, January 27, 2010

Attention St. Louis Nannies - Tips for Wintery Weather from Parents as Teachers!

Hi St. Louis Nannies! As you know our winter weather can range from cold to freezing! Here are some tips from Parents as Teachers that will help you keep your charges safe and warm this season.

As you know, providing age appropriate activities with the children in your care is an important part of your responsibilities as a caregiver. While indoor play can continue as usual, outdoor play can certainly be affected by the cold temperatures, but don't let that put a halt to all outdoor fun with the children in your care!

By taking a few precautions and bundling up right, your child can still enjoy the great outdoors safely this winter, says the National Center for Parents as Teachers.

TIPS FOR PLAYING IT SAFE IN THE COLD:

* Dress your child in layers, rather than one heavy garment.

* Your child should wear a hat and mittens; add boots if it's wet or snowy.

* Add one more layer on your child than on you.

* Make sure the outer layer is water-resistant.

* Your child should drink water before and after play to stay hydrated.

* Change clothes when they become wet.

* Don't play outside if temperature is 10° F or colder.

* Keep young babies inside in very cold weather.

For more parenting tips like these, visit www.ParentsAsTeachers.org.

Stay Warm!

Monday, January 25, 2010

St. Louis get behind the Dependent Care Tax Credit proposed increase!

For more than a year the International Nanny Association (INA) has been lobbying Congress to increase the federal Child and Dependent Care Tax Credit (CDCTC).

Today I'm pleased to report that President Obama plans to endorse this proposal in his State of the Union address this week! Here's a link to the story on CNN:http://politicalticker.blogs.cnn.com/2010/01/25/obama-to-propose-almost-doubling-child-care-tax-credit/#more-86862. While Obama's proposal isn't as comprehensive as INA's proposal, it's definitely a step in the right direction.

If you haven't already done so, I urge you to contact your member of Congress and Senators to support increasing the CDCTC. There is information and a sample letter on INA's webpage here:http://www.nanny.org/GOV.php. There are 3 bills in Congress -- let's get behind them!

Take care,
Sharon Graff-Radell
President TLC For Kids
Vice President International Nanny Association

Thursday, January 14, 2010

Financial Planning Advice for Nannies from the BestNanny Newsletter!

A New Year, A New Financial Beginning for Nannies
What Nannies Should do with Their Holiday Bonus
from: http://bestnannynewsletter.blogspot.com/
The start of a new year is a great time to take control of your financial life.

During the holidays we discussed what parents should pay nannies for holiday bonuses and The Wall Street Journal quoted us on the topic as well. We also talked about how nannies can give holiday gifts on a budget.

If you followed our advice you did not rely on your holiday bonus to purchase gifts. If you worked hard and the parents rewarded your good work with a holiday bonus, don’t spend the extra income frivolously. Use the extra money to pay-off debt, build an emergency fund, make some investments, or even give to charity.

Pay-Off Debt:
First, if you have outstanding credit card debt use the money to pay-off as much debt as possible. Determine which card has the highest interest rate. That is the debt you want to satisfy first. We will discuss how to do reduce debt in more detail next Tuesday.

Build an Emergency Fund:
Once you have paid-off your credit card debt then look for the best possible savings account. Financial planners have been warning Americans to build a three-to eight-months worth of emergency cash in case they get laid-off. If something unexpected and expensive were to happen, that's the cushion that will soften your blow. The savings is for emergencies (like if you are unemployed or sick) only. Visit this blog again on Wednesday when we will discuss building an emergency fund.

Make Retirement Investments:
If you have no outstanding debt and already have a savings account for an emergency fund then you should consider making some investments. An Individual Retirement Account (IRA) is a personal retirement savings plan available to anyone who receives taxable salary during the year. Visit us again on Thursday we will discuss retirement investments more thoroughly.

Give to Charity: If you're already debt-free, have fully funded your investment accounts, and have your emergency funds are in order, you've got it made. There are plenty of deserving, but under-funded, charitable causes that could use some support. Stop by next Friday to learn how to get tax write-offs when donating to charities.

To learn how to manage your money in more detail stop by again next week when we will discuss gaining control of your finances in more detail.

Did you get what you expected for your holiday bonus? What did you do with your holiday bonus?