246: Become Prepared for the Unexpected: How to Create an Oh Sh*t Fund

Send us a textIn this episode of "Child Care Conversations," Kate and Carrie dive into the nitty-gritty of financial planning for childcare providers. They chat about the importance of having a financial safety net, humorously dubbed the "oh sh*t fund" (OSF), to handle unexpected changes like those brought by the COVID-19 pandemic. They share practical tips to build this fund, such as using registration fees, late fees, and part-time care income. The goal? To ensure your childcare business can weather any storm. With a friendly and resourceful tone, they make financial planning sound not just necessary, but totally doable! Thanks for Listening 🎧 Want to learn more? Check out our book; "From Overwhelmed to I Got This: Guaranteed Success Route to Directing Your Childcare Center" 📖 Join our Facebook Group for Childcare professionals! Join our Podcast Newsletter! Want to be a guest on our podcast? Go to our website to learn more. Are you looking for director training in Texas? Check out our Texas Director Website for our training and additional resources!

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