Are you wondering how to get your spouse to go back to work after having a baby? I am since having our second child. Ever since my son was born, I’ve felt increased financial pressure to provide. It didn’t matter how much I had in the bank or how much our net worth had grown […]
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March 12, 2019 is a day I’ll never forget. Not only did the college admissions bribing scandal break that morning, we found out our boy got waitlisted by two preschools. Waitlisted is really just a euphemism for rejected. The first preschool was a Mandarin immersion preschool I’ll call PooPoo about 20-25 minutes away. We had
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Thanks to the fantastic work by the Department Of Justice and the FBI we have learned the average bribe it takes to buy your kid’s way into an elite private university is between $250,000 – $400,000. Although, some bribe amounts went as high as $6 million. The 10-month-long investigation, code-named “Operation Varsity Blues,” uncovered large
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A Grantor Retained Annuity Trust or GRAT is a way to transfer future gains tax-free to your heirs. If you’re blessed with a lot of assets, setting up a GRAT may save you millions in estate taxes. As responsible parents, my wife and I set up a revocable living trust. In case of our untimely
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In my Quora e-mail digest, I stumbled upon the most amazing and heartfelt estate plan I’ve ever read. A user asked: If you were left millions in your parent’s will, but your brother or sister were left nothing, would you give them some money? I think the large majority of us would say, “absolutely yes.”
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With the racism and sexual assault allegations that have befallen the Governor of Virginia, the Attorney General of Virginia, and the Lt. Governor of Virginia, I was reminded of all the racist altercations I experienced growing up in Virginia for public high school and public university in the mid-to-late 90s. They were instrumental for personal
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One of my biggest worries as a parent is whether I’ll mess up my son’s life by sending him to private school instead of public school. If you go to private school, there will be much more pressure for you to succeed. For if you end up doing the same thing your public school counterpart
The preschool admissions process can be very stressful, especially if you live in a big expensive city. With so may deadlines to hit, essays to write, interviews to conduct, and fees to pay, it’s easy to feel overwhelmed. This post will help you better navigate the preschool admissions process for your little one. The more
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Can you imagine having a 529 child millionaire? With the cost of education continuing to skyrocket, creating a 529 child millionaire might be a necessity for parents with children under five nowadays. By the time kids go to college in 15-18 years, it may very well cost $1 million for all four years! With regular
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2020 may have been the hardest year of my life. I was the sole income-earning parent with two young children to feed. Here’s how to survive the pressure as a sole income-earning parent. Much has been written about offering more support and empathy for the stay at home parent who gives up his or her
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