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Grandparenthood Can Be Expensive!

Prairie Eco-Thrifter

You aren’t responsible for teaching them to behave like human beings. We spoiled our children and we apparently are even more intent on doing so with our grandchildren! My parents were somewhat more interactive with their grandchildren (my kids). Why are we spending more on our grandchildren? Our kids need the help.

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Benefits of Having Your Parents Watch Your Kids

Prairie Eco-Thrifter

Although I live 200+ miles away from my two grandkids, I try to get them for a week or so during the summer. There are many documented benefits to utilizing grandparents to watch grandkids. Parents may get a break on child care expenses, after all, most grandparents won’t charge market price for their services.

Parenting 100
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Gratitude Brings Wealth

Prairie Eco-Thrifter

When she saw that her great-grandchildren were not writing thank you notes for her gifts to them, she sent their parents a set of Thank you note cards with envelopes and postage! Focusing on the negatives in a situation (even when that situation is very dire) doesn’t help you much. She is spunky and outspoken.

Gratitude 100
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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

Wouldn’t it be fun to have a place where our sons, their wives and our grandchildren could come together to play, visit and bond? If we hadn’t sold stocks and mutual funds to come up with the money to close the sale (cash on the table), we wouldn’t have generated a huge capital gain in 2007.

Vacation 124
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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

First, if I had managed to convert everything to a Roth, the grandkids would be swamped with hundreds of thousands of dollars a year. First, if I had managed to convert everything to a Roth, the grandkids would be swamped with hundreds of thousands of dollars a year. Your heirs will have to take all of that out within 5 years.

Converse 176
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Should You Accept Family Money?

Prairie Eco-Thrifter

Making sure the grandchildren have the desired benefits enhances their peace of mind. Making sure the grandchildren have the desired benefits enhances their peace of mind. It is true that grandparents love to ‘spoil’ the grandkids (I know this because I am a grandparent). I wanted to prove myself.

Money 124
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Is the Building of Experiences and Memories Worth the Cost?

Prairie Eco-Thrifter

After discussing, he reluctantly agreed that we could fund part of it, but would leave the amount ‘up to my good money judgment’ He didn’t want to be the bad guy and say that he would rather we didn’t go at all, let alone pay for it all. That is a lot of money and I was having some sticker shock at the estimate.

Building 100