How is Child Support Calculated? Here are Basics
If your child needs child support for basic expenses such as food, clothing and shelter, the bad news is that there is no federal law or national set of guidelines to determine how child support is calculated. Each state in America has its own rules, laws and guidelines for calculating child support. Generally, however, a […]
Celebrities and Child Support: Are These Massive Payments Fair or Outrageous?
When it comes to celebrities and child support, the figures can be downright staggering. While the average U.S. monthly child support payment is around $430, some celebrities pay tens of thousands—or even over $100,000—each month to support their children. These headline-grabbing amounts often spark public debate. Are such massive sums fair, or are they a […]
10 Things You Didn’t Know About Child Support
During Child Support Awareness Month in August, and even during the rest of the year, it’s important to be mindful of the facts about child support. Child support is money paid to cover some or all of a child’s basic needs, such as food, clothing, housing, education and childcare. Some child support orders may also […]
Child Support: A Personal Story From The Money Coach
Child Support Awareness Month occurs in August each year. So it’s a perfect time for all of us to reflect on the children we know – in our families and communities – and to question whether they’re getting the parental support they need and deserve. I have very strong personal feelings about child support after […]
What to Do If You Need Child Support
If you have recently ended a marriage or a relationship and had children at some point during the relationship, you may be eligible to receive child support from the other parent. Child support laws exists to ensure that the child or children are appropriately cared for once the parents’ relationship has terminated. Child support is […]
Bankruptcy Won’t Save You From These Debts
We’ve all seen and heard them: the TV ads and the radio commercial promises touting bankruptcy as a “fresh start” to help you get rid of overwhelming bills. While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as credit card payments and medical bills, it’s also the case that a […]
August is National Child Support Awareness Month
What is National Child Support Awareness Month? Since 1995, the United States has been honoring Child Support Awareness Month during the month of August. Former President Bill Clinton recognized this month on August 5, 1995 in his official proclamation stating that, “Providing for our children is one of humanity’s worthiest and most fundamental endeavors. Children […]