If you’re a parent, you might consider starting a 529 plan for generational wealth transfer purposes in addition to paying for your child’s education. Even if you are not a parent yet, you should consider opening up a 529 plan. You can open the 529 plan in your name and change the beneficiary later. There’s […]
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Before becoming a father in 2017, I dreaded changing diapers. Now that I am a father, I long to win the poop lottery. To see my boy take a gigantic dump is curiously gratifying. Digestion system. Check! Before becoming a father, I wrote a lot about supporting mothers because I couldn’t fathom having to carry
Become A Better Father: Time To Man Up Dads! Read More »
If there’s one generation wealthier than ours, it’s the “Bank of Mom and Dad” generation. Given that our parents have had, on average, three decades longer to save and invest, it’s natural that they have accumulated more wealth. For adult children in need of financial assistance, finding a tactful way to approach their parents for
The Bank Of Mom And Dad Strategy To Buying A Home And Having A Family Read More »
The stepped-up basis for our children is under attack. The Biden administration wants to either abolish the stepped-up basis altogether or alter it to generate more tax dollars. If heirs are then forced to pay a capital gains tax upon inheriting an asset, despite not selling, this could have negative consequences for families and the
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For someone who lived abroad for 13 years, has so far traveled to over 60 countries, and traveled constantly for work, I’m traveled out! Getting on a plane to see the world is no longer a top priority. Therefore, traveling with kids is towards the bottom of my to do list. However, if you have
Traveling With Kids: A Planning Parent’s Guide To The Great Unknown Read More »
If you’re thinking about hiring an au pair, you know firsthand how much work is involved in raising kids. The pandemic switched life to extreme hard mode for working parents with young children. Hiring an au pair is one of the best ways to save on childcare and have more consistent and flexible help. Thankfully,
Hiring An Au Pair May Be The Best Childcare Decision A Family Makes Read More »
Are you a parent worried about getting your kid into a great preschool or private grade school? Ever wonder about the preschool or private grade school interview process? Or how about what type of interview questions they will ask and what type of kids get in? After three years of navigating the preschool admissions process
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Antoine Watson, 19, decided to bum-rush and kill an 84-year-old man walking on the sidewalk minding his own business. Apparently, Antoine Watson was vandalizing a car across the street when he looked up and barked at the 84-year-old man to mind his own business. This incident hit home with me. I was parking my car
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Are you a parent who feels guilty for not spending enough time with your kids every day? Perhaps you are chasing money and prestige more than you should. Good news! The average amount of time parents spend with their kids a day is shockingly low! As a result, if you can beat the average, you’ll
The Average Amount Of Time Parents Spend With Their Kids A Day Is So Low Read More »
Despite all the hassle, you want to travel or live abroad with kids. Exciting! As the global economy reopens, more families are wanting to travel or live abroad. This post will give you some food for thought as I’ve been thinking about doing just that over the next 24 months. I loved growing up overseas
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