Family Finances

How AOC And Other Congressional Members Can Afford To Raise Kids In Washington, DC

There are two things politicians seem to want more than anything else: money and power. For the sake of money and power, we study like crazy, work like dogs, delay starting families, then abandon our children once we have them, all for these two things that really don’t make us much happier. How strange we […]

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Wedding Spending Rules To Follow If You Don’t Want To End Up Broke And Alone

If you want to start your marriage right, then following these wedding spending rules so you don’t end up broke and alone. Given roughly half of marriages eventually end in a divorce and wedding ceremonies last for at most 12 hours in America, it’s wise to spend as little as possible on a wedding just

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The Average Cost Of Family Health Insurance Is Now Outrageously High

According to the Kaiser Family Foundation, the average cost of family health insurance offered by companies is now a whopping $20,576 a year, or $1,714.66 a month. Employers paid for 71% of that cost on average. Meanwhile, the average premium for single workers was $7,188 a year, or $599 a month. Employers covered 83% of

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The Importance Of Money And Status For Getting Into Private School

If you have a baby or toddler or are planning to have a baby, this post is for you. I’ve been running an interesting, real-life, real-time experiment on how hard it is to get ahead if you have below-average money and little status. In 2017, we ended up applying to three preschools that accepted toddlers

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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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