child http://www.wisebread.com/taxonomy/term/10609/all en-US Best Money Tips: Tips to Start Saving for Your Child's College http://www.wisebread.com/best-money-tips-tips-to-start-saving-for-your-childs-college <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-tips-to-start-saving-for-your-childs-college" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/piggy-bank-kid-2282909-small.jpg" alt="piggy bank" title="piggy bank" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Welcome to Wise Bread&#39;s <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some fantastic articles on saving for your child&#39;s college, moves to make at work this year, and ways money slips through your fingers.</p> <h2>Top 5 Articles</h2> <p><a href="http://parentingsquad.com/6-tips-to-start-saving-for-your-childs-college">6 Tips to Start Saving for Your Child&#39;s College</a> &mdash; Starting early and remembering that nothing is too small can help you save for your child&#39;s college. [Parenting Squad]</p> <p><a href="http://www.savvysugar.com/Career-Resolutions-26565437">50 Small and Big Moves to Make at Work this Year</a> &mdash; Recording your achievements and setting monthly goals are two good things to do at work this year. [PopSugar Smart Living]</p> <p><a href="http://www.stretcher.com/stories/11/11jan17e.cfm?slider">18 Ways Money Slips Through Your Fingers</a> &mdash; If you aren&#39;t using coupons or gift cards, you may be letting money slip through your fingers. [TheDollarStretcher.com]</p> <p><a href="http://moneysmartlife.com/debt-and-marriage-what-you-should-know-before-the-wedding/">Debt and Marriage: What You Should Know Before the Wedding</a> &mdash; Before you get married, know the financial behaviors of your future spouse. [Money Smart Life]</p> <p><a href="http://frugalportland.com/how-to-save-half-your-income/">How to Save Half Your Income</a> &mdash; To save half of your income, pay off your most painful debt first. [Frugal Portland]</p> <h2>Other Essential Reading</h2> <p><a href="http://andthenwesaved.com/7-signs-secret-cheapskate/">7 Signs That You&#39;re Turning Frugal Into a Dirty Word</a> &mdash; You may be turning frugal into a dirty word if you never give to others. [And Then We Saved]</p> <p><a href="http://www.frugalconfessions.com/home-diy/5-frugal-mini-projects-to-contain-cabin-fever-this-winter.php">5 Frugal Mini-Projects to Contain Cabin Fever this Winter</a> &mdash; To contain your cabin fever this winter, make cake pops. [Frugal Confessions]</p> <p><a href="http://cashmoneylife.com/invest-in-dividend-stocks-with-little-money/">How to Invest in Dividend Stocks for as Little as $10</a> &mdash; If you want to invest in dividend stocks, consider a direct stock purchase plan. [Cash Money Life]</p> <p><a href="http://www.girlsjustwannahavefunds.com/window-bubble-wrap-heating-bills/">Cold Weather Spiking Your Heating Bill?</a> &mdash; Did you know bubble wrap can lower your heating bill while keeping you warm? [Girls Just Wanna Have Funds]</p> <p><a href="http://www.carefulcents.com/quit-my-job-work-for-myself/">What it Took to Quit My Job and Work for Myself in 6 Months</a> &mdash; Learning to give, get organized, and connect&nbsp;is&nbsp;essential when trying to work for yourself. [Careful Cents]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-tips-to-start-saving-for-your-childs-college">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-should-you-start-saving-for-your-child-s-education">When Should You Start Saving for Your Child’s Education?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-money-moves-to-make-the-moment-you-graduate">5 Money Moves to Make the Moment You Graduate</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-tax-tricks-to-try-if-youre-stuck-with-student-loans">8 Tax Tricks to Try if You&#039;re Stuck With Student Loans</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-unique-ways-millennials-are-dealing-with-student-loan-debt">7 Unique Ways Millennials Are Dealing With Student Loan Debt</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-ways-to-make-money-during-a-semester-abroad">7 Ways to Make Money During a Semester Abroad</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training best money tips child college saving Tue, 14 Jan 2014 11:00:15 +0000 Ashley Jacobs 1111157 at http://www.wisebread.com Best Money Tips: Lower the Cost of Raising a Child http://www.wisebread.com/best-money-tips-lower-the-cost-of-raising-a-child <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-lower-the-cost-of-raising-a-child" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/5813985948_960a3a4d8f_z.jpg" alt="Lower the Cost of Raising a Child" title="Lower the Cost of Raising a Child" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some stellar articles on lowering the cost of raising a child, meal starters to keep in your kitchen, and financial tips for newlyweds.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.mint.com/blog/how-to/simple-ways-to-lower-the-cost-of-raising-a-chil-0113/">Simple Ways to Lower the Cost of Raising a Child</a> &mdash; Lower the cost of raising a child by purchasing diapers in bulk. [MintLife Blog]</p> <p><a href="http://www.mainstreet.com/article/family/10-meal-starters-always-keep-your-kitchen-0">10 Meal Starters to Always Keep in Your Kitchen</a> &mdash; It is a good idea to always have pasta and eggs in your kitchen. [MainStreet]</p> <p><a href="http://www.goodfinancialcents.com/financial-advice-for-newlyweds/">Love and Money: Financial Tips for Newlyweds</a> &mdash; Newlyweds must have the financial talk and should manage their finances together. [Good Financial Cents]</p> <p><a href="http://www.thesimpledollar.com/2013/01/28/my-five-tenets-of-financial-independence/">My Five Tenents of Financial Independence</a> &mdash; If you want to be financially independent, rely on yourself and no one else for income. [The Simple Dollar]</p> <p><a href="http://www.marcandangel.com/2013/01/28/7-things-happy-people-say-every-day/">7 Things Happy People Say Every Day</a> &mdash; Happy people tend to say &quot;today is going to be a great day&quot; on a daily basis. [Marc and Angel Hack Life]</p> <h2>Other Essential Reading</h2> <p><a href="http://save1.com/blog/how-to-save-money-filing-your-taxes/">How to Save Money Filing Your Taxes</a> &mdash; Want to save money filing your taxes? If you earn less than $58,000 per year, you can use Free File from the IRS. [Save1 Blog]</p> <p><a href="http://www.savvysugar.com/Lisa-Ling-House-Photos-Tips-Peaceful-Home-26949318">Lisa Ling: 5 Ways To Make Your Home A Peaceful Oasis</a> &mdash; Make your home a peaceful oasis by avoiding clutter. [SavvySugar]</p> <p><a href="http://www.freemoneyfinance.com/2013/01/how-will-you-invest-in-2013.html">How Will You Invest in 2013?</a> &mdash; Did you know 33% of people will invest more money in stocks in 2013? [Free Money Finance]</p> <p><a href="http:// http://retireby40.org/2013/01/7-downsides-entrepreneur/">7 Little Downsides Of Being An Entrepreneur</a> &mdash; One of the downsides of being an entrepreneur is you end up spending all your time on your business. [Retire by 40]</p> <p><a href="http://parentingsquad.com/how-to-have-summer-fun-in-mid-winter">How to Have Summer Fun in the Middle of Winter</a> &mdash; To have summer fun in the middle of winter, head to an indoor water park. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-lower-the-cost-of-raising-a-child">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/24-tips-for-having-a-baby-without-going-broke">24 Tips for Having a Baby Without Going Broke</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-audacity-to-waste-money-for-better-finances">The Audacity to Waste Money for Better Finances</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/buy-baby-bunting-but-dont-pay-full-price">Buy Baby Bunting... But don&#039;t pay full price!</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/im-fleeing-the-country-for-healthcare">I&#039;m Fleeing The Country For Healthcare!</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">7 Surprising Ways Summer Will Cost You</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle baby best money tips child cost raising a child Wed, 30 Jan 2013 11:00:33 +0000 Ashley Jacobs 967560 at http://www.wisebread.com Best Money Tips: The Best and Worst Baby Buys http://www.wisebread.com/best-money-tips-the-best-and-worst-baby-buys <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-the-best-and-worst-baby-buys" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3072125738_20c10e2178_z.jpg" alt="The Best and Worst Baby Buys" title="The Best and Worst Baby Buys" class="imagecache imagecache-250w" width="250" height="170" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some awesome articles on the best and worst baby buys, ways to budget your bucks, and saving money on your car insurance.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.mint.com/blog/consumer-iq/the-best-and-worst-baby-buys-12-months-later-1212/">The Best and Worst Baby Buys: 12 Months Later</a> &mdash; Infrared baby monitors can be a good buy while a cheap glider chair might not be such a good investment. [MintLife Blog]</p> <p><a href="http://www.savvysugar.com/Different-Budgeting-Styles-7443944">4 Ways To Budget Your Bucks</a> &mdash; If you are looking for a way to budget your money, consider using the envelope budgeting system. [SavvySugar]</p> <p><a href="http://yesiamcheap.com/2012/12/saving-money-on-your-car-insurance/">Saving Money On Your Car Insurance</a> &mdash; Want to save money on your car insurance? Look into paying upfront. [Yes, I Am Cheap]</p> <p><a href="http://sweatingthebigstuff.com/most-powerful-moves-make-your-money-your-20s/">The Most Powerful Moves to Make With Your Money in Your 20s</a> &mdash; In your 20s, make it a point to try to save some of your money. [Sweating The Big Stuff]</p> <p><a href="http://money.usnews.com/money/personal-finance/articles/2012/12/20/50-ways-to-improve-your-finances-in-2013">50 Ways to Improve Your Finances in 2013</a> &mdash; Calculating your retirement number is a great way to improve your finances in 2013! [US News &amp; World Report]</p> <h2>Other Essential Reading</h2> <p><a href="http://lifehacker.com/5970143/who-should-i-tip-and-how-much?tag=personal-finance">Who Should I Tip (and How Much)?</a> &mdash; Before the year is over, remember to tip your mail carrier a small gift worth $20 or less. [Lifehacker]</p> <p><a href="http://livingonthecheap.com/15-things-to-do-instead-of-shopping-after-christmas/">15 fun things to do between Christmas and New Year's</a> &mdash; Between now and the end of the year, start a scrapbook! [Living On The Cheap]</p> <p><a href="http://onecentatatime.com/10-ways-to-increase-your-self-esteem/">10 Ways to increase your self-esteem</a> &mdash; If you want to increase your self-esteem, make yourself presentable. [One Cent At A Time]</p> <p><a href="http://parentingsquad.com/12-ways-to-entertain-the-kids-over-winter-break">12 Ways to Entertain Kids Over Winter Break</a> &mdash; To keep your kids entertained over winter break, conduct winter science experiments. [Parenting Squad]</p> <p><a href="http://www.dumblittleman.com/2012/12/7-sleeping-tips-to-boost-quality-of.html">7 Tips to Boost the Quality of Your Sleep</a> &mdash; Having clean sheets can help boost the quality of your sleep. [Dumb Little Man]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-the-best-and-worst-baby-buys">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-places-to-get-cheaper-diapers">5 Places to Get Cheaper Diapers</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/which-baby-products-are-a-waste-of-money">Which Baby Products are a Waste of Money?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-increase-the-chance-of-someone-returning-your-lost-wallet">How to Increase the Chance of Someone Returning Your Lost Wallet</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-smart-ways-to-save-on-maternity-clothes">7 Smart Ways to Save on Maternity Clothes</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The 5 Best Credit Cards for Groceries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping baby best money tips child Thu, 27 Dec 2012 11:00:31 +0000 Ashley Jacobs 961692 at http://www.wisebread.com Best Money Tips: Saving for Your Child's College Fund http://www.wisebread.com/best-money-tips-saving-for-your-childs-college-fund <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-saving-for-your-childs-college-fund" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/2469859496_2d845eb0f6_z-1.jpg" alt="Saving for Your Child&#039;s College Fund" title="Saving for Your Child&#039;s College Fund" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some awesome articles on saving for your child's college fund, reasons to have a budget, and saving money at restaurants.</p> <h2>Top 5 Articles</h2> <p><a href="http://parentingsquad.com/the-4-things-you-must-do-when-saving-for-your-child-s-college-education">4 Things You Must Do When Saving for Your Child's College Fund</a> &mdash; When saving for your child's college fund, remember to start saving early on in his or her life. [Parenting Squad]</p> <p><a href="http://www.freemoneyfinance.com/2012/03/five-reasons-to-have-a-budget.html">Five Reasons to Have a Budget</a> &mdash; If you are just graduating college, it is important for you to have a budget. [Free Money Finance]</p> <p><a href="http://www.cashthechecks.com/saving-ideas/7-tips-on-saving-money-at-restaurants.html">7 Tips On Saving Money At Restaurants</a> &mdash; To save money at restaurants, make sure to take your leftovers home. [Cash The Checks]</p> <p><a href="http://www.figuide.com/the-5-things-you-need-to-know-about-retirement-plans.html">The 5 Things You Need To Know About Retirement Plans</a> &mdash; Are you saving for retirement? Don't forget to diversify! [FiGuide]<a href="http://christianpf.com/how-to-make-money-reselling-goods-unique-ways/"><br /> </a></p> <p><a href="http://christianpf.com/how-to-make-money-reselling-goods-unique-ways/">How To Make Money Reselling Goods: 5 Unique Ways</a> &mdash; Make money reselling goods by using online venues. [Christian PF]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.savvysugar.com/How-Have-Good-Day-21987023">10 Ways To Make A Good Day More Likely</a> &mdash; Increase your odds of having a good day by eating a healthy breakfast. [SavvySugar]</p> <p><a href="http://blog.hsh.com/index.php/2012/02/65622/?WT.qs_osrc=WIB">Can you afford to replace your home?</a> &mdash; You might not be able to afford replacing your home due to the fact that construction costs have risne. [HSH.com]</p> <p><a href="http://beingfrugal.net/2012/02/17/frugal-fixes-for-furniture/?owa_medium=feed&amp;owa_sid=">Frugal Fixes for Furniture</a> &mdash; Fix your ruined pots and pans by using water softener. [Being Frugal]</p> <p><a href="http://www.marcandangel.com/2012/02/27/12-things-to-start-caring-about-today/">12 Things To Start Caring About Today</a> &mdash; Make it a point to start caring about how you treat others today. [Marc and Angel Hack Life]</p> <p><a href="http://coachforyourdreams.com/10-inspirational-tips-to-give-yourself-a-boost">10 Inspirational Tips to Give Yourself a Boost</a> &mdash; To give yourself a boost, listen to some up-tempo music or start a gratitude journal. [Coach for Your Dreams]</p> <h2>&nbsp;</h2> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-saving-for-your-childs-college-fund">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-money-moves-to-make-the-moment-you-graduate">5 Money Moves to Make the Moment You Graduate</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-unique-ways-millennials-are-dealing-with-student-loan-debt">7 Unique Ways Millennials Are Dealing With Student Loan Debt</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/what-every-parent-should-know-about-the-new-college-financial-aid-rules">What Every Parent Should Know About the New College Financial Aid Rules</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/21-things-that-young-adults-absolutely-need-to-know-about-money">21 Things That Young Adults Absolutely Need to Know About Money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-ways-to-make-the-most-of-your-student-loan-grace-period">4 Ways to Make the Most of Your Student Loan Grace Period</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance best money tips child college Fri, 02 Mar 2012 11:00:20 +0000 Ashley Jacobs 909682 at http://www.wisebread.com Cash Is King: Now What Should I Do With It? http://www.wisebread.com/cash-is-king-now-what-should-i-do-with-it <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/cash-is-king-now-what-should-i-do-with-it" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/piles money.jpg" alt="" title="Pile of cash" class="imagecache imagecache-250w" width="250" height="311" /></a> </div> </div> </div> <p>My wife and I&nbsp;are lucky. Really lucky.</p> <p>The economy is in shambles, the housing market is still trying to figure itself out, job security is a thing of the past, and <em>Lost </em>is still confusing the crap out of me. But we still feel incredibly lucky.</p> <p>What could possibly so much relief to a person's life during these times?</p> <p>How about a huge pile of cash? Me and my wife, we've got it. We got married last year and got tons of cash gifts, which was incredible. Plus we've been saving as much money as possible for the past couple of years for a down payment on a place. But we're not sure we can afford the place we want just yet. We may be another year or so away.</p> <p>So having this pile of cash has given us peace of mind like you wouldn't believe.</p> <p>But it's also paralyzed me with a new set of decisions I&nbsp;never thought I'd have to face: <strong>what should I&nbsp;do with all this money?</strong></p> <p>The plan is to buy a place, yes, I get that. I&nbsp;should probably stick to the plan. But here are some other ideas I&nbsp;probably need to be talked out of (fast!) before I get lured in or before my wife finds out about some of them:</p> <ul> <li><strong>Travel:</strong> People always say that they should've traveled more when they were young, but they just didn't have the money. Then when they're older they can't because they don't have the time. Well, I'm 28 and I&nbsp;definitely have the money. With this much money, you can make the time. We have no kids, either, so we're good there. It's tempting to sketch out a trip to Argentina, a cruise to Alaska, and a safari through the Serengeti and just do it. Both my wife and I&nbsp;would <em>love </em>it. <strong>Probability: C-. I'm just too chicken to do it. <p> </strong></li> <li><strong>Baby money: </strong>We're thinking of bringing a mini WC&nbsp;Porter into the world within the next year or so. Since I'm a person that tends to freak out, having a lot of money set aside for baby stuff (diapers, bouncy chairs, sippy cups) would make me feel more comfortable about it. I'm sure I'm overthinking this bit, but it's something totally new and kind of scary, so at least I&nbsp;could come home to my pile of cash and find some comfort. <strong>Probability: C. It's kind of silly.</strong><br /> &nbsp;</li> <li><strong>Cushion:</strong> Keep it all where it is (ING) and don't touch it. Maybe we both get fired next week and this is what gets us over the hump. They call it an emergency fund for a reason. Either way, having it in the bank is an incredible stress reliever, especially when so many people are losing their jobs. If I&nbsp;didn't have the cash and I&nbsp;got fired, guess what I&nbsp;would do?&nbsp;That's right, I'd be doing the freak-out dance. <strong>Probability: B. It's the sensible thing to do.</strong><br /> &nbsp;</li> <li><strong>Down Payment</strong>: Use it for what it was meant to be used. Revolutionary, no? We've wanted to live in our own place for a long time, we just haven't seen something we can afford that we love. So maybe we hold out until we do (prices need to come down just a tad more). Plus there are some breaks out there for 2009 that would help us out. The only thing is that we would be blowing a TON&nbsp;of money on the down payment, which makes me nervous&mdash;I would miss my pile so much. And having a baby while signing mortgage papers at the same time?&nbsp;<em>Paging Dr. Stress, Dr. Stress please.</em> <strong>Probability: A. It's the original plan.</strong><br /> &nbsp;</li> <li><strong>Double it:</strong> This is the latest one that jumped into my skull the other day. I look at what Citigroup's stock has done over the past week or so (doubled) and the huge rally the market had on Monday (up 7%), and my head starts crunching the numbers: &quot;So if I&nbsp;had bought Citi stock at under $1, that means my pile would be at&mdash;&quot; And then I start freaking out. If I managed to double this pile of cash we could buy a <em>really </em>nice place, travel a ton, and still have enough for the baby's diapers. <strong>Probability: F. My wife would stab me with a pen and then divorce me...unless it worked.</strong></li> </ul> <p>I&nbsp;think it's pretty obvious what we should do. Or at least it's obvious what we shouldn't do.</p> <p>Are there any other possibilities I should consider?&nbsp;After all, when else am I going to be young, rich, and in the driver's seat?</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/carlos-portocarrero">Carlos Portocarrero</a> of <a href="http://www.wisebread.com/cash-is-king-now-what-should-i-do-with-it">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-opportunity-funds-are-the-new-emergency-funds">Why &quot;Opportunity&quot; Funds Are the New Emergency Funds</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/managing-your-short-term-money">Managing Your Short-Term Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-disgusting-fake-game-show-asks-what-would-you-do-for-money">My disgusting fake game show asks &quot;What would you do for money?&quot;</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-money-moments-that-should-be-on-everyones-bucket-list">8 Money Moments That Should Be On Everyone&#039;s Bucket List</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/are-your-assets-costing-you-too-much">Are Your Assets Costing You Too Much?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance buying a home cash child Making Extra Cash savings traveling Thu, 26 Mar 2009 00:10:45 +0000 Carlos Portocarrero 2975 at http://www.wisebread.com