Family Finances

Waiting For The Perfect Price Could Hurt Your Lifestyle And Happiness

I recently came across an eye-opening chart by the National Association of Realtors showing that the median age of first-time U.S. homebuyers is now 38 years old. That’s a significant jump from 30 years old between 2008 and 2010. Meanwhile, the median age for repeat buyers has risen to 61 years old. What is going

Waiting For The Perfect Price Could Hurt Your Lifestyle And Happiness Read More »

How To Make Your Children Millionaires Before They Leave Home

If you don’t believe the world will grant your children a fair chance to succeed, you may want to take matters into your own hands as parents. One way is to set them up for financial independence—ideally making them millionaires before they graduate high school, finish college, or leave home. If your children are millionaires

How To Make Your Children Millionaires Before They Leave Home Read More »

Having Kids Might Not Hurt Your Ideal FIRE Lifestyle After All

There are plenty of reasons people choose not to have kids, with the cost of raising them being a major one. Another big factor is the fear that children will disrupt an ideal FIRE lifestyle. Many envision a life of traveling the world, indulging in incredible cuisine, and living spontaneously—things that can feel more challenging

Having Kids Might Not Hurt Your Ideal FIRE Lifestyle After All Read More »

Feeling Poor As A Child May Help Them Grow Rich In Many Ways

If you’re a FIRE parent, one of your biggest concerns might be raising a spoiled and entitled child who takes hard work and money for granted. If this happens, it may feel like a significant failure—not only for your child’s future but also for society, which would have to contend with the consequences of their

Feeling Poor As A Child May Help Them Grow Rich In Many Ways Read More »

The Biggest Flex By Men Is Not What You Think

“Flexing” is a slang term that means showing off or boasting about one’s accomplishments, possessions, or skills, often with the intention of impressing others. For example, someone might “flex” on social media by posting pictures of their new Porsche or sharing stories about their achievements. Personally, I’m not a fan of flexing—what’s the point? It

The Biggest Flex By Men Is Not What You Think Read More »

The Biggest Financial Misconception About Applying To College

After speaking to dozens of parents, a principal a couple of times, and a financial aid officer, I’ve determined the biggest financial misconception about applying to college is that you have to be poor or middle class to receive financial aid. The feedback I’ve received from everybody is that you can earn a multiple-six figure

The Biggest Financial Misconception About Applying To College Read More »

The Surprising Benefits Of Donating To Your Kid’s School

Out of all the things you could donate your hard-earned money to, giving to your child’s school might not be at the top of your list. If your children attend a private grade school with sky-high tuition, donating to the school might feel even more unnecessary. With so much poverty, homelessness, broken homes, and people

The Surprising Benefits Of Donating To Your Kid’s School Read More »

Effective Ways To Protect Your Family From Harm’s Way

As a parent, your top priority is to protect your children until they are old enough to fend for themselves. Protecting your children requires good health, being alive, having resources, self-defense skills, and using common sense. If you’re missing one of these, the chances of your children and partner being harmed go up. After a

Effective Ways To Protect Your Family From Harm’s Way Read More »