The cost of a college education has skyrocketed, and the result has been extensive student loan debt that has put a huge burden on graduates emerging from institutions of higher learning to find a way to make massive monthly loan repayments. Students and parents alike are always on the lookout for ways to make educational
Making a go in the professional world is difficult while taking care of a family. While parents work eight or more hours a day, we need to know that our kids are well cared for in our absence. However, parents often have to make sacrifices to cover the cost of child care. The average price
Teens who learn to manage their money will reap the benefits of financial stability, goal attainment, and monetary self-control. There are many life skills to teach a youth, but financial responsibility is one of those skills that needs to be taught, not only by academic knowledge, but by example. Create a Budget No matter how
A couple of years ago, our family made the collective decision to get a family dog. I wasn’t particularly sold on the idea, but my wife and all of our children clamored to have a dog at home, so I agreed. During the process of finding a dog and the subsequent process of owning and
In the past, sharing finances was straightforward. Two people got married (usually young) and combined their money into a joint bank account. It’s always been easy to collaborate on finances. Millennial couples are different. They move in together sooner and marry later. They also carry record levels of student debt and typically earn dual incomes.
I often mention my kids on here, but I don’t really talk about them directly too much. They don’t make the decision to write about their lives on The Simple Dollar – I do. I try to keep that privacy in mind on their behalf. (Sarah and I have a pretty clear understanding at this