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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. I’m one of them. On special occassions, now that I’m retired, I go to their house to watch them.

Parenting 100
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Grandparenthood Can Be Expensive!

Prairie Eco-Thrifter

In Huffington Post article Boomers Give New Meaning To Spoiling The Grandkids author Linda Stern reported: “Roughly 36 percent of the grandparents surveyed by AARP said “spoiling (grand)children by buying them too much” was a part of a grandparent’s financial role.”. It’s my grandkid!”.

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Should You Accept Family Money?

Prairie Eco-Thrifter

When I was a young adult, out of college and into my first years of marriage, I cringed at the thought of getting money from my parents. Providing college money can help cushion that murky time between high school graduation and fully leaving the nest. I wanted to prove myself. Lots of grandparents help out with child care.

Money 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. Understanding Your 401(k) How to Graduate College Without Being Broke Are You Making These Five Retirement Planning Mistakes? Your heirs will have to take all of that out within 5 years.

Converse 176
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What If We All Only Had One Child?

Prairie Eco-Thrifter

Only one child’s college tuition to pay. I am over a thousand miles away from my mom, and I feel bad that she can’t see me and her grandkids more often. Overall, our financial lifestyle did not change dramatically when we grew from a family with no children to a family with one child. Only one hungry teenager to feed.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

They are not a waste of money. Life insurance will come in handy should anything happen to you or your spouse. Here are some of my favorite long-term investment options. Real Estate This isn’t as passive as most people would think; it takes a lot of research and a lot of work in the beginning.

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Amazon Prime Day (7/15)

Saving With Shellie

Amazon Student – Amazon Student is a free membership program created especially for college students. If you aren’t a student and you don’t have kids, grandkids or other kids in your life, this is the one for you. It’s the same price as a regular Prime Membership so it’s definitely the way to go!

Amazon 40