Family Finances

Nature Will Dictate The Best Time For Parents To Go Back To Work

The best time for parents to go back to work is dictated by nature. You don’t have to overthink things too much once you’ve run the financial numbers. Over the past two years, I’ve gotten to know another stay-at-home dad in the neighborhood. Bob has a boy who is also two years old. We try […]

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Have A Budget Wedding! The Average Wedding Cost Is Too High

The last thing any couple should want to do when they start a marriage is get buried in debt and stress. Debt and financial stress can break relationships down. Instead of creating unnecessary anxieties, have a budget wedding and start your married life on the right foot! What’s the average wedding cost in the US

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The Only Time You Should Consider Buying A Vacation Property

I’m on record saying that buying a vacation property is a suboptimal investment. But that’s also because I bought a vacation property in 2007, right before the market really took a dive. This post will discuss the only time you should consider buying a vacation property if you insist on not taking my advice. Perhaps

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Everything To Know About The 529 College Savings Plan

The best gift any parent can give a child besides unconditional love is a great education. A 529 college savings plan is a solution that is designed to help families tax-efficiently save for future college costs. You contribute after tax money with the benefit of paying zero federal and state income taxes on the profits when

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Child Millionaires: Not Necessary Thanks To Canceling All Student Debt

One of the things many responsible parents are doing today is saving for college, usually in a 529 plan. Not saving for college and expecting a student loan bailout in the future is bad planning. The same goes for not saving for retirement and hoping the government will take care of you once you can

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The Definition Of American Prosperity Needs An Adjustment

There’s a common joke here in the SF Bay Area. How do you know someone went to Stanford? They’ll tell you within the first couple of sentences. We Americans have a tremendous desire for status and prestige. When we work hard for something, it’s our second nature to tell everybody about our achievement. You do

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