A child and its needs – how to provide your loved ones with everything they need?


A child is not only a big responsibility, but also one of the largest investments in our lives. What are its needs at individual stages of development and where to get funds in order to finance these needs? This article contains answers to these and other questions.

Besides the provision of basic requirements, such as love and sense of security, from the day of its birth until the end of education, a child also requires many material needs. Buying clothes, special baby food and furniture for its room is just the beginning. Child’s needs and associated financial costs increase along with its development. How to provide our offspring with everything it deserves?

Needs of your child during early childhood

The information regarding the fact that we will become parents in the coming months often comes right out of the blue. This exceptional time associated with the waiting for your offspring is also a period when we make all the necessary preparations. Preparation of your children’s room, furniture, pram, necessary clothes and accessories can be a big financial challenge for you.

Nevertheless, the costs associated with your child start to increase rapidly at the time of its birth. Special cosmetics for the child’s body run out much faster than we thought, just like the money for diapers and the costs associated with subsequent visits in the doctor’s office. When the child is one year old, we start to think about choosing the best kindergarten and when the child turns 3-4, we want to invest in the development of its other skills, e.g. those associated with sports, foreign languages or music.

Needs of your child during school age

Are you scared by how much financial means your child is able to absorb? Well, this is just the beginning!

Primary school

The time of primary school requires you to buy the appropriate equipment, including personal computer, books and school accessories. Moreover, the quick rate of growth of your child means that you have to buy new clothes and shoes every season. A primary school is also an ideal time to develop your child’s passion. Thus, if you want to provide your child with successful future, then you will want to sent it to as many additional activities as possible, which of course will be a challenge for your monthly budget.

High school

High school is a time when our child turns into a teenager, which also drastically changes its needs. Pocket money, money for education and necessary electronic equipment is just the beginning of the list. The greatest challenge for you will be the funding of further education of your child, because you’ll surely want to give your offspring everything that is best, right?

Needs of your child during late adolescence (time of college)

The desire to provide your child with the best education, which is related to the selection of a prestigious university, is the greatest financial challenge that you had to face so far as parents. The payment of tuition and providing your child with a proper place to live is often an expense that exceeds our financial capabilities. Moreover, during college, when your child is busy with learning, you need to provide your offspring with appropriate means of living (including funds for food and other necessary needs). All of this result in the fact that already at the birth of our offspring, we start to think and strive to make sure that we can afford to finance this stage of education.

All of this may seem a little scary, however you need to remember that a child is not only an investment, but also the love of your life, and surely you will want to take care of your offspring every day, regardless of the price.

Where can I get money to finance the needs of my child?

As you can see, your child may constitute a great challenge for your budget. Fortunately, you don’t have to deal with the fulfillment of its needs completely alone. There are many ways that you can use in order to get additional funds, which will help you to meet the most important requirements. Starting from the opening of a term deposit at the moment of the birth of your child, to which you will gradually put away a certain amount of money, to the taking of a bank loan, which will enable you to meet the required needs of your growing child on an ongoing basis. The possibility of taking a student loan may also be a good solution for the financing of education.

If you want to learn more, then register on our website and carefully fill out a very short form. We will prepare the best possible loan offers for you and thanks to that you’ll be able to provide your child with everything it needs and even more!