Family

12 Surprising Ways to Save on Groceries

If you’ve been trying to cut costs to stop living from paycheck to paycheck, the food category was probably one of the first to take a hit. You may have tried slashing your grocery budget to an unrealistic amount and clipping coupons to make ends meet. If this approach is working, kudos to you. But …

20 Financial ‘Rules’ I Hope to Instill in My Children

I relish being a parent. For me, it is deeply satisfying to see children develop from infancy to toddlerhood to childhood and onward through the teen years and into adulthood. I love having conversations with them as they figure out their own morality and sense of right and wrong. I love watching their faces as …

Categories: Family, Getting Started

Ten Red Flags of Financial Infidelity and What to Do About It

Financial infidelity is one of the most dangerous things that can happen in a marriage. When one spouse is making significant financial moves without the knowlege of the other, it endangers the financial future of both people and exhibits a disregard for the most fundamental parts of a healthy marriage: trust and communication. Financial infidelity …

Categories: Family, Getting Started

Maternity Leave for Women Entrepreneurs

In addition to the steady paycheck, another big perk of working in the corporate world is often the benefits package. For some, that includes six to 12 weeks of maternity leave. When you become an entrepreneur, the safety net quickly vanishes, and you’re left all alone to find your way. For this reason, many female business owners barely take a break …

Best Home Security System for 2014

Home security is often not addressed until an intrusion has already occurred. According to the FBI, more than 2 million burglaries were reported in 2012. However, homes with alarm systems have shown to be 300% less likely to be broken into. It’s evident that the majority of us are not doing everything we can to …

11 Money Moves to Make Before Becoming a Mommy-Preneur

For years, I sat behind a desk crunching numbers, analyzing spending trends, validating financial transactions and generating reports. (Sound exciting?) Although the day-to-day routine bored me out of my mind, I did what most logical people would do and sucked it up. After all, the money was good and I worked with a decent group …

A Frugal Guide to Amateur Astronomy

Several months ago, I had a wonderful evening with my six year old daughter where we spent more than an hour (up until bedtime) in the backyard under the night sky, looking up at the stars. We talked about how big the universe is. We talked about how most of the dots in the sky …

Categories: Family, Frugality

The Ultimate Guide to Getting Free Kid’s Clothes

In 2009, I had my first child, a girl I named Lydia Rose. She was beautiful and dainty just like a baby doll, and I loved dressing her up in cute little outfits and taking all kinds of pictures. Unfortunately, those first few years turned out to be expensive. Since I wasn’t all that frugal …

How to Prepare Your Finances for a New Baby

I was once told there’s never a right time to have a child, and you can never prepare enough once they’re on the way. After seven years of parenting, I definitely agree with the first part of the statement. As for the second half? You never know what will happen after your child is born, …

Categories: Family, Home and Life

17 Strategies to Survive Working From Home With Children

If you’ve ever thought working from home with small children beats driving to the office each day, you may be sadly mistaken. My children are definitely the apple of my eye, but they can be a handful anytime I sit down to complete an important task. It’s almost as if they have an internal switch …

How to Curb the Rising Costs of Parenting

Parenting is the most difficult yet rewarding job I’ve ever had in my life. It definitely hasn’t been easy on my pockets, either. And apparently, I’m not alone in my experiences. According to a recent report released by the U.S. Department of Agriculture, the average cost to raise a child born in 2013 will be $245,300. That’s the …

Nine Financial Questions to Discuss When Your First Child Is on the Way

In February 2005, Sarah and I were handed a completely unexpected piece of information. Sarah was pregnant and our first child was going to arrive late in the year. It was a life-changing moment. Sarah and I had several months to prepare, of course. Unfortunately, since we weren’t in the best financial shape at the …

Categories: Family

Are You Guilty of Financial Infidelity?

Finances and cheating are amount the most common reasons for divorce. And what happens when you merge the two? You get a case of financial infidelity, but there’s a twist: a third party doesn’t have to be present to cause a problem. In a nutshell, it’s the practice of concealing assets, debt obligations or conducting …

Categories: Family, Home and Life

Eight Strategies for Preparing Your Kids Early for an Inexpensive College Education (or Other Options)

It’s a worry that pops into the mind of most parents not too long after their child is born. College. How on earth are we going to pay for a great education for our child? Prices at top-tier schools like MIT have seen annual tuition jump to over $50,000 a year, with no end in …

Categories: Education, Family

Twenty Powerful Tips for Discussing Money Topics with Your Partner

Throughout our engagement and the first few years of our marriage, Sarah and I never really sat down and had a real conversation about money. We each just more or less followed the pattern we learned from our parents. We dealt with any shared issues that were absolutely required in the briefest way possible. Needless …

50 Free Activities For Kids

One of the most popular articles I’ve ever written for The Simple Dollar is 100 Things to Do During a Money-Free Weekend. In it, I touch upon the idea of a “money-free weekend” – one in which you consciously avoid the active spending of money – and then drop a long list of activities you …

Categories: Family, Frugality

8 Cheap Summer Projects for Kids

Last summer, my two oldest children embarked on a summer-long project that they ended up taking a ton of pride in. In fact, we expanded that summer project and are repeating it again this summer to their great enthusiasm. (What project was it? It’s the first one on this list.) We learned a few lessons …

Categories: Family, Frugality

Five Weekend Adventures That Teach Your Kids Frugality

Almost every weekend, particularly during the summer when I’m working at home and Sarah is on break from teaching, we plan some sort of family “adventure.” The goal of these “adventures” is to either visit some location or engage in some large project at home that will teach the children something useful. They might learn …

Categories: Family, Frugality

Some Thoughts on Marriage and Financial Problems

Sarah and I argue about politics sometimes. We have different perspectives on a lot of political issues and sometimes that will cause us to have rather vigorous debates on things. I tend to be more concerned about civil liberties than Sarah is, for example, and our different feelings on civil liberties and privacy caused us …

Categories: Family