Having one parent stay home isn’t for every family. While it can be helpful for a number of reasons, including reducing childcare expenses and being able to give extra care to children who may need it, sometimes the numbers just don’t work out. If you’re considering having one parent stay home, financial planner John Pak
Family fights about aging loved ones are a common problem, with a parent’s diminished capacity to handle money being a frequent source of conflict. What can you do if you see a hassle brewing in your family? Can painful warfare be prevented? The short answer is yes, sometimes being proactive and looking ahead can stop
Finding the person you want to spend the rest of your life with is tough enough, but combining finances on top of that? No easy task. When and exactly how much of your money to combine will be a personal decision, but it’s best to consider all the steps before heading into the process so
Being a stay-at-home parent isn’t easy. Even if you’re great with money, you may still need to do some extra planning and work before your family is truly ready to live on one income. There’s a lot to consider financially in this situation, from the costs of losing one salary to the costs of childcare.
It seems obvious that teens should learn about money. However, financial education for teens is sorely lacking. Many high schools offer little or no assistance in helping teens learn about money. While some parents make this a priority, others don’t focus on it at all. It might help both parents and educators to understand exactly
When addressing financial literacy, there are so many elements to consider. One fundamental factor that most tend to forget is legal in nature and urges one to answer the question: What happens when I die? You’ve seen headlines about the many lives that have been cut short due to freak accidents, unexpected health issues and