Children are expensive. The more you love your children, the more expensive they will likely be! Therefore, you should have a net worth goal before having children. This way, you can provide them the world without getting overly stressed about your finances. Money is constantly a top three reason why couples fight. And once you […]
Have A Net Worth Goal Before Having Children: How About $1 Million Read More »
We’ve all heard of trophy husbands and trophy wives. But what on earth is a trophy kid? Here’s how one expecting parent explained the term trophy kids to me at the playground one day. A trophy kid is what’s known as the 4th kid or greater in a family. Because raising kids is so expensive,
Trophy Husbands, Trophy Wives, And Now Trophy Kids Oh My! Read More »
Wondering how much to contribute to a 529 plan? This article provides a proper framework for 529 plan contributions by age. The idea is to contribute enough so that the 529 plan can comfortable cover most, if not all of your child’s college expenses when the time comes. For background, I am a father of
Determining How Much To Contribute To A 529 Plan: Too Much No Good! Read More »
Financial independence is the best. Financial DEpendence is the worst. Don’t rely on your husband or wife to survive. If you truly love your spouse, you would make them financially independent. Don’t let them always feel like they have to ask for money or ask for permission to spend money. If you plan to get
Financial Dependence Is The Worst: Why Each Spouse Needs Their Own Bank Account Read More »
This post will look at the ideal house size and layout to raise a family and live your best life. I have bought and sold seven homes since 2003 and currently own five homes. Each house has a different layout. In addition, the ideal house size and layout is also different for different household sizes
The Ideal House Size And Layout To Raise A Family Read More »
The coronavirus pandemic is a crisis. As such, we should never let a crisis go to waste. There’s always something good to be done during difficult times. Before the coronavirus, our family of four had everything planned out. We were going to lead a simple, early-retirement lifestyle in the San Francisco Bay Area. Our three-year-old
Never Let A Crisis Go To Waste: Three Things Every Household Should Do Now Read More »
Are you wondering whether to superfund a 529 plan? My wife and I did for both our children when they were born in 2017 and 2019. I’ll share with you our reasonings in this post. If you can superfund a 529 plan, I think you should. It feels good to have your child’s education fund
Should I Superfund A 529 Plan? Evaluating The Pros And Cons Read More »
Every parent can attest they are willing to do everything in their power to give their children a good life. Once you have kids, the money will come because you become so motivated to work harder. Not only will you work harder and pay better attention to your finances, you’ll also likely get in better
Would You Risk Months Of Prison To Set Your Kids Up For Life? Read More »
A separate 529 plan for each child versus one 529 plan for multiple children makes the most sense. Let me share with you the reasons why in this post. When my wife was in her third trimester, we began to brainstorm about all the things we needed before our daughter was born: Once we got
Why You Should Have A Separate 529 Plan For Each Child Read More »
Consider getting a night doula if you want to save your marriage and sanity during the first three month’s of your baby’s life! Although expensive, a night doula was so worth it for our family. As any expecting first-time father would do, I read several books on how to support my wife during her pregnancy,
A Night Doula Costs A Lot Of Moola: Postpartum Childcare Help Read More »
