From Money Scrap …
We all make plans assuming our kids will be healthy. You work on your financial plan, break down the projected expenses, factor in a few variables and you are all set to go. Easy peasy. NOT!
With kids, you don’t get to pick what you get! It’s like playing Russian roulette and until you “pull that trigger” (no pun intended!), you don’t know what the future holds for you.
But how about other unforeseen costs, such as medical and dental expenses you can’t plan for or didn’t think about! It could be minor amounts or not, but if you have kids, the odds are, there will be unforeseen costs.