Tag: family finances
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Saving for a House When You Have Kids
Read more In today’s housing market, saving for your dream home can feel like an uphill battle, especially if you’re raising children. But don’t worry, it’s entirely possible with the right strategies in place. Here are some tips to help you navigate this journey while managing the demands of family life. Is Buying a House…
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The Struggles of Full-Time Workers Living Paycheck to Paycheck
Get Pregnant Fast If you find yourself struggling to make ends meet, know that you are far from alone. A recent survey conducted by CareerBuilder revealed that an astonishing 78% of full-time workers are living paycheck to paycheck. This survey, carried out between May and June 2017, included 2,369 employees from the private sector, showing…
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The Top 529 Plans for Your Child’s Future
Read more When it comes to setting aside funds for your child’s education, starting a 529 college savings plan is one of the best options available. These plans are designed to help families save for tuition, vocational training, or even K-12 expenses. If you’re looking to create a financial safety net for your little one,…
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My Partner and I Have Two Kids and Live on One Income — Here’s How We Make It Work
Read more When my partner Max and I decided to expand our family five years ago, we crunched the numbers on what it would mean financially. We realized that if we both worked and relied on childcare, we would barely break even. However, we were both drawn to the idea of having one of us…
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The Ultimate Budgeting Apps for Families to Reach Your Financial Goals
Read more Managing a family budget can feel overwhelming, but with the right tools, it becomes a lot easier. If you’re like many parents, you might have realized the importance of tracking your finances only after facing some challenges. I, too, found myself in a tight spot before I began budgeting seriously, and it has…
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Financial Strain: Impact on My Marriage
Get Pregnant Fast When my husband, Tom, and I welcomed our first child, it coincided with the onset of the great recession in 2007. Like many families across the nation, Tom found himself unemployed. The collapse of the housing market also meant that the value of our newly bought co-op apartment plummeted, leaving us in…
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The Top Kids’ Savings Accounts to Instill Financial Wisdom
Read more When it comes to teaching our kids about money management, opening a savings account can be a game changer. It’s one of the best ways to help them understand the value of saving and watch their allowance grow through interest. If your little ones are anything like mine, they often want to spend…