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 »
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 »
“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 »
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 »
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 »
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 »
In April 2017, I made a commitment to be a stay-at-home parent for the first five years of my son’s life. When my daughter was born in December 2019, I made the same commitment for the sake of equality. Research shows that the first five years are the most crucial for a child’s development. Supposedly,
Careful Giving Up Your Career To Be A Stay-At-Home Parent Read More »
If you’re a real estate investor with children, you may face two significant challenges. The first challenge is holding onto your rental property for as long as possible. You understand that the longer you own real estate and stocks, the more likely you are to build wealth. However, as you grow older and wealthier, your
Rental Property Maintenance With Your Kids Solves Two Problems Read More »
With the election over and Trump winning, the political mudslinging and dirt-digging has subsidies. But there was a time when being childless and loving cats was a big debate. Republican VP-elect JD Vance said this during a 2021 interview with Tucker Carlson: “It doesn’t make any sense that we turned our country over to people
The Economics Of Being A Childless Cat Lady Or Gentleman Read More »
After publishing my post, “When To Stop Contributing To A 529 Plan,” I felt a sense of emptiness. For years, I had been trying to find a logical way to decide when to stop saving for my children’s college education. When I finally figured out the answer to my financial obligation, I lost some purpose.
A Parent’s Existential Crisis: When All Financial Obligations Are Met Read More »
