You've been feeling it again lately; that tug at your heart when you hold your friend's baby or walk down the infant clothing aisle at the department store. The desire for another baby is in the air, but is it the right time to turn that longing into a reality?
There's no simple answer to that question; every family is different and the timing of building your family is something very personal that... Read More
One of the first things you have to figure out when you realize that you want to stay home with your kids is whether or not you can afford to do so. You are probably used to living on two incomes, so making the switch to a single income may not be easy. However, it may not be as hard as you think.
If you have children already, the first thing that goes away when you decide to stay at home is the cost of daycare. However, if you... Read More
Just because you're trying to keep the family on a sensible budget doesn't mean you have to do without everything fun. Likewise, an economical evening with the family isn't limited to a night of shadow puppets, though in the right context, even that can be a blast!
Instead of dwelling on what you can't spend money on-and really, at this point, isn't everyone a little sick of harping on the economy?-take this as an opportunity to... Read More
One of the greatest values you can instill in your children is teaching them the importance of saving for a rainy day. With the collapse of the housing market and the incredibly high rate of unemployment, many adults, both young and old, found that they hadn't tucked away enough money to fall back on when times got tough. Of course, no parent wants to see their child endure financial hardships, especially when they're in no position to... Read More
Paying for college is one of the largest expenses a parent will face in their lifetime, other than paying for a house. Because of this, care needs to be taken as well as special planning and allocations of finances in order to take the burden away from this expense. Starting early is the best option, even when your child is a toddler is not too soon. Consider the following timeline for saving for your child's college education. ... Read More
It's easy to find frugal advice on how to make and save money, but you rarely hear about the things you do to harm to your financial future. Sometimes we spend so much time scheming and planning for wealth, we forget to hang onto what we've already got. Before you break out the credit card or plan that expensive trip, check out these 10 ways you can easily -- and quickly -- go broke.
It is good to know what your spouse does with all their money but it is not necessary. Make life easier in your marriage and avoid quarrels by understanding what value your partner puts to money. Financial issues are extremely sensitive in most relationship/marriage more than sexual matters. The secret to avoiding financial conflicts especially for married couples and any other couple staying together is to plan for it well.
This... Read More