Best Money Tips: Financial Strategies for Stay at Home Parents

by Ashley Jacobs on 4 May 2011 2 comments

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on financial strategies for new stay at home parents, how to settle down in a new city, and life insurance policies you don't need.

Top 5 Articles

Financial Strategies for the New Stay at Home Parent — As a new stay at home parent, be sure to implement the strategy of income splitting. [Million Dollar Journey]

The Stress-Free Guide to Settling Down in a New City — Get settled in a new city by talking to the locals and getting the lowdown on your new home. [Lifehacker]

Four Types of Life Insurance That Are a Complete Waste of Money — Don't waste your money on flight accident insurance. It's not necessary. [Five Cent Nickel]

7 Signs of a Winner — If you want to know whether or not a stock is a winner, check to see if if it has improving margins. [The Motley Fool]

Stash or Trash? Five Tips to Decide Whether to Store, Sell or Discard Belongings When You Move — If you are on the fence about whether or not to trash or stash something, chances are you should trash it. [Deliver Away Debt]

Other Essential Reading

3 Ways to Declutter Your Desk and Divorce Your Mess — Get your desk cleaned up by taming your paperwork. [Currency]

Gotcha! 7 In-Store Grocery Advertising Techniques — When you are at the market, you are bombarded with seven different forms of advertising, including floor talkers and receipt advertising. [Coupon Sherpa]

10 Life-Altering mind Shifts To Rock Your World — Rock your world by making a shift to a present moment mindset and don't let the past hold you back. [PickTheBrain]

3 Things That Mom REALLY Wants For Mother's Day! — This Mother's Day, give your mom the chance to sleep in. [Parenting Squad]

Stop Wasting Time - How to Search Like a Pro — Make your online searches more productive by knowing that word order matters to Google. [Stepcase Lifehack]

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Megan

I was really excited to read the "Financial Strategies for Stay at Home Parents" article because that is a situation in our near future, and I am gathering all the advice I can find. Unfortunately, it's written by a Canadian blogger, which is wonderful, but some of the advice he offers doesn't translate to life in the United States.

Do you have any tips/suggestions/advice (or links to the same) for American couples in the planning stages of parenthood?

Guest's picture

Thanks for the mention Ashley!