PLAN YOUR BUDGET CAREFULLY TO INCLUDE CHILD-RELATED EXPENSES
One aspect of child custody cases that many people don’t like to think about is child support. This financial support is critical for rearing the children, so you must be prepared to handle the commitment to pay it. No parent should ever think of child support as something negative. In fact, you might even say that paying is an honor since it is a way you can be there for your children even when you can’t be around physically.
We realize that there are a lot of variables that go into your being able to make your child support payments and still keep up with your other monthly expenses. No matter what your financial situation is, try to keep up on your child support payments.
Failing to pay child support can lead to considerable legal issues. The penalties are sharp for this. If you know that your financial situation is going to change and that you won’t be able to keep up with the current order, you can seek a modification. This is only possible in some instances, such as if you lose your job or get a pay cut.
It is always best to budget for child-related expenses. Remember, your child support payments might be only a portion of what you have to pay for the child. You may also need to cover part of the uninsured medical bills and other expenses for your children.
We know that it isn’t always easy to plan your finances around these factors, but you should make an effort. Since many child support payments are taken through garnishments, you might find it much easier to take care of since you don’t ever touch the money.