Financially Preparing for Maternity Leave

Financially Preparing for Maternity LeaveHaving a baby is a very exciting time! But it also comes with a lot of new considerations. Life will be different, whether you expect it or not. For example, babies are expensive! But unlike some of the less predictable aspects of bringing a new human into the world, there are some straightforward money concepts to follow. Here are some tips for financially preparing for maternity leave.

Find Out What Policies Your Job Has

The U.S. does not mandate paid leave so the options will vary dramatically between different places of work. It’s important to find out the policies that are in place and what you’re entitled to. In some cases, it’s possible to apply for short-term disability coverage if your job does not have paid maternity leave. You might have to be at a job for a certain amount of time before that option kicks in. So find out if and when you’re eligible, as well as how much the payout will be.

Prepare for the Unexpected

Many women plan on working up until right before the baby comes, and in some cases, this works great. But pregnancy and childbirth can be very unpredictable and sometimes it’s necessary to start maternity leave earlier than planned. Don’t assume that you’ll be making your full salary throughout the entire pregnancy. Instead, start to budget and save money as soon as possible to cover your bases in case something changes.

Check Your Maternity Coverage with Your Health Care Provider

Some health insurance providers offer different coverage than others. Check to see what yours offers and take advantage of any maternity programs that they might have. Throughout the pregnancy and birth you might see a variety of different doctors. Always make sure that they’re in network and covered by your insurance so you don’t end up with any surprising hospital bills. If your current insurance doesn’t cover a lot of maternity options, try upgrading to a plan that does. And if you see something fishy on one of your bills, call your insurance company! We saved several hundred dollars by questioning a bill we got for a regular pre-natal checkup, which should have been covered in full. They investigated and set our balance back to $0!

Save Your Vacation Days

If your job doesn’t offer paid maternity leave, you might want to use some of your paid vacation time instead. It won’t necessarily feel fair, but it can be the difference between having an income during those first few weeks at home and feeling the need to go back to work earlier than you’d like. You can also attempt to negotiate for some paid maternity time whether or not your employer actually offers it. You might not get it, but you might, especially if you’re a valued employee. You can also offer alternative options like starting back up with part time work from home as soon as you feel ready. This could also help ease your transition back into full-time when that time comes.

Set a Budget

Having a child costs money all around, from the gestation process to sending that kid to college. Your financial outlook might change significantly when a child comes into the picture. Set a budget before you go on maternity leave to get into the habit of saving. This will also help build a savings that you can rely on in an emergency while you’re on maternity leave.

What Percentage Of Medical Cannabis Is Grown Indoors?

Many people who order medical cannabis from a cannabis delivery company don’t know if their pot is grown indoors or out. Some don’t even care, but it’s a good idea to know where your medicine comes from and how it gets to you. There are differences in medical marijuana that’s grown indoors and outdoor; differences in quality, price and sustainability.

How Much is Grown Indoors?

You might think it’s more logical to grow a plant outdoors in the sunlight, but there’s a viable market for marijuana that’s been grown indoors. Outdoor medical cannabis makes up about two-thirds of all cannabis grown for medicinal purposes. Which means, roughly 33% is grown inside, usually using complex and expensive equipment to produce a product that can compare to what Mother Nature would help deliver.

Why Is Marijuana Grown Indoors?

Cannabis has traditionally been grown outdoors. It’s one of the oldest agricultural crops ever to exist and it has had a long history of medicinal use. We didn’t see indoor cultivation of marijuana until about a century ago, and the effort was made primarily because of prohibition and a desire to skirt the law. The biggest advancements in marijuana production are a result of indoor growing, and we can now use controlled climates to produce a product that compares in many ways to that grown outdoors.

Indoor vs. Outdoor?

There are many benefits to growing marijuana indoors as opposed to outdoors. More freedom to pick a location for cultivation is one, as is complete control of the environment. Temperature, lighting, C02 and humidity can all be dialed in to precisely the right level, creating a stable habitat for growing optimal plants. But, there’s no light bulb that offers the identical light spectrum of the sun, which means indoor gardens are limited and produce less vigorous plants.

Outdoor production requires good sun exposure, warm nights, hot days and low humidity. But, it’s less costly. Growers have many factors to consider when coming up with a quality product for medical marijuana users. Green Door West knows the top growers and only offers products that are the best, whether cultivated indoors or out. Our cannabis delivery company sells premium organic marijuana, including flowers, concentrates and edibles. We’re a special cannabis delivery company bringing the best products to patients throughout the greater Los Angeles area.

4 Easy Ways to Save Money (Without Even Noticing)

If you live within a tight budget, are getting by on one income, or are striving to pay off debt, saving money can feel challenging. It’s essential for you to have an emergency fund, but what if you want some money for fun too?

Here are four easy ways to save money, whatever the reason, without even noticing.

Apps that roll over change from purchases

Acorns, launched in 2014, was the first of these apps to roll over change from purchases. If you make a debit card purchase, it withdrawals the difference from the nearest dollar and invests the money in an investment portfolio in $5 increments. The app charges $1 per month for accounts with less than $5,000. Apps like Acorns are helpful for those who want to save money without noticing; the amounts being invested are small enough you won’t miss the money and the bonus is that you’re saving cash without lifting a finger.

Automatic deposits into savings accounts from checks

Another option to save money is to set a certain amount of your check to go directly to your savings account. A predetermined amount of cash will go to your checking account so you can use the money for bills and as needed, but the rest can go into your savings so you save by default and can contribute toward your financial goals. You never see the money and aren’t used to having it in your bank account, so don’t feel like you’re missing anything.

Coupons that slash your grocery bill

Everyone wants to save money and if you learn how to manage coupons, you can help your friends save money too. Coupons can be tricky to use, but they don’t have to be. Check local papers and check the store ad to see what’s on sale. Don’t want to clip paper coupons or spend time printing them? Redeem digital coupons – no printer needed, simply show the cashier the coupons on your phone. You don’t have to invest tons of time into couponing to save yourself some big cash. You should also look online for places that offer a signup bonus such as an extra 10 percent off for using your store card.  No matter what you are doing or purchasing, there are always ways to save money.

Redirected money

If it’s tax time, take that refund money and put it in a high interest savings account. If your kids are in childcare but soon headed to elementary school, redirect the money you’ve allotted for childcare into a savings account. Take unexpected money, or money that was going to an expense that no longer exists, and invest it instead of using it to make frivolous purchases or splurges on unnecessary things. Remember that it is okay to treat yourself here and there for saving money. While it may seem counter-intuitive, occasionally spending money on something you want will motivate you and keep you on track.

These ways can help you save money every month without negatively impacting your budget. Pick a few ways to implement into your daily life and start building your savings now. You’ll be amazed how quickly the cash will add up without you missing it from your budget, and find yourself wondering why you didn’t start years ago.

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