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Is the Building of Experiences and Memories Worth the Cost?

Prairie Eco-Thrifter

He thinks most vacations are a waste of money (even though he seems to enjoy and remember fondly the ones we have taken), and doesn’t see the point in consciously building memories with the kids and grandkids by traveling together. Do you think the cost of building experiences and memories is generally worth the cost?

Building 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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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

This is because the money is protected in the tax deferred (or tax free) account and it can build significantly over time. 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.

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How To Recover From A Home Fire

Prairie Eco-Thrifter

We were preparing to go out of town to the grandkids house the next morning. The building and many of the things in your home may have been badly damaged by flames, heat, smoke, and water. The firefighters may have cut holes in the walls of the building to look for any hidden flames. According to FEMA. “

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

Penny Pinchin' Mom

You can use stocks and bonds to build wealth for your family and achieve a much more balanced investment strategy that nicely aligns with all your financial goals. Here are some of my favorite long-term investment options. Stocks and Bonds I prefer to do this through a professional hedge fund.

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Gratitude Brings Wealth

Prairie Eco-Thrifter

From my Mother-in-laws perspective, the number one benefit to the great-grandkids of sending her a thank you note, is that she would continue to send them gifts. Showing gratitude to others can build your network of relationships. It makes sense, if you are grateful, you are less likely to be stressed out about your situation.

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The 5 Most Important Personal Finance Lessons to Teach your Child

Prairie Eco-Thrifter

Here, told as I would tell it to my Grandkids, are my top 5 lessons. You need to understand what multiple income steams are and how to go about building them. I’m following a long range plan for camp content in my Grandma Rie’s Money Camp and it includes all of these, focusing on different things at different ages.