For working parents, childcare is anything but optional. Unfortunately, the cost of childcare has risen exponentially over the years, to the point where many parents might begin to question whether or not they’d save money if they stayed home. Even so, staying home isn’t a luxury everyone has. During the school year, your childcare costs
Is there ever a right time financially to have a baby? Having had an unplanned pregnancy before, I often ponder this question and I know many other parents do too. In the beginning, it was difficult raising a child without being financially stable. Even now that I am much better off financially, I still get
The millions of millennials who are living at home with their parents or shacking up with roommates will soon want to get married, have children, and buy homes, boosting household formation and creating even stronger demand for scarce housing, a report from Freddie Mac predicts. According to the company’s most recent Insight Report, millennials are
Question: My children are now through with college, and we still have some money in their 529 college-savings plans. Can that money remain in those accounts and be used to fund their children’s college someday? If so, what steps need to be taken to do that? And what happens if I withdraw the money and
This week’s question comes from Ethan: I’m about to inherit a little bit of money. I’m 45 and have a wife and two kids. This money is not enough to retire, but it’s enough to be life-changing. I was able to pay off my student loans, for example. I will have enough to pay off
As a kid, the idea of the tooth fairy can be magical, fun, even thrilling. As a parent, it can be anything but. If you have ever freaked out after hearing how much money that fluttering creature brings your kid’s toothless friends, have woken up in the morning panicked because you realized you forgot to shimmy