parents http://www.wisebread.com/taxonomy/term/6309/all en-US How to Support Your Broke Parents http://www.wisebread.com/how-to-support-your-broke-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-to-support-your-broke-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/47159634.jpg" alt="Woman learning how to support her broke parents" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>It's hard enough to support yourself nowadays, so what happens when you're faced with the prospect of supporting your parents? It can create stress in your life &mdash; not to mention put a strain on other relationships, especially between you and your spouse &mdash; but it doesn't have to go down like that. If your parents are teetering on tapped out, and looking to you for help, here's how to make the best of it for everybody involved.</p> <h2>1. Recognize Their Hardship and Provide Emotional Support</h2> <p>It's not easy to ask anyone for money, especially when you're a self-sufficient adult. But sometimes things don't always work out financially. If your parents are experiencing a serious financial downturn &mdash; like, they're broke &mdash; the first thing you need to do is recognize their plight and offer emotional support. Even if they haven't always been the most responsible people financially, the last thing they need right now is your judgment. Let them know that you're there for them to talk to, vent, cry, or whatever they need to do to get over the initial blow of being bone dry. Assure them that you'll be there for them as a pillar of emotional support whenever they need it.</p> <h2>2. Help Them Navigate the Road to Government Assistance</h2> <p>If your parents qualify for government assistance &mdash; and if they're truly dried up financially, they will &mdash; help them navigate the red tape of getting what they need to survive. There will be agencies to visit and plenty of forms to fill out in order qualify, and if they're of a certain age, they may require your capabilities to expedite the process.</p> <h2>3. Introduce Them to New Ways to Make Extra Money</h2> <p>What's so great about the American marketplace today is that there are so many (relatively) easy ways to make extra cash. Depending on how mobile and motivated your parents are (if they're broke, they should be plenty motivated!), they could bring in a decent amount of dough by becoming drivers for Uber or Lyft; watching people's pets by signing up with DogVacay or Rover; or hosting travelers by offering guests accommodations in their home via Airbnb, VRBO, or Roomorama. My own parents have been financially strapped at times over the past few years, and they've converted part of their home into rental efficiencies to bring in extra money. These are just a few of the more popular ways to earn income without a grueling schedule or backbreaking work, but you'll find other viable options with a little research into the &quot;<a href="http://www.wisebread.com/can-you-really-make-a-living-in-the-gig-economy" target="_blank">gig economy</a>.&quot;</p> <h2>4. Tap Into Your Own Contacts for Potential Job Opportunities</h2> <p>You've made a ton of contacts over the years to help yourself financially, so maybe you can tap into those resources to help out Mom and Dad. There's absolutely no shame in that game. You probably shouldn't hit up somebody you've just met to ask if they have extra work for your parents, and your parents definitely shouldn't expect an executive position out of this deal, but maybe one of your long-standing contacts with whom you have a good rapport and mutual respect has some office or light cleaning work they can throw your way. There's no harm in asking around.</p> <h2>5. Consider Paying &quot;Out of Sight, Out of Mind&quot; Recurring Bills</h2> <p>If your parents' money situation (or lack thereof) has really hit the skids, you might need to open your own wallet to alleviate some of their financial pain. That doesn't necessarily mean that you need to take over all their bills &mdash; you have plenty of your own to pay, remember, and your own wellbeing is your first priority &mdash; but there may be areas where you can help, however nominally.</p> <p>My friend Maria is a small-business owner, and she recently told me about how she helps her parents who are currently in a financial conundrum.</p> <p>&quot;My parents are broke, mainly because they never pursued an education and have worked hourly jobs their entire life,&quot; she said. &quot;I suggest people help their parents by taking care of recurring bills that you can just charge on a monthly basis without having to have a constant dialogue about expenses. Parents usually tend to feel bad asking for help, so it could be a bit humiliating for them to constantly have to ask for money. I help my parents by paying their health insurance and utility bills.&quot;</p> <h2>6. Offer to Help Them Downsize and Restructure Their Life</h2> <p>If your parents are broke, but they have assets that can reduce their debt load, now is the time to downsize. Maybe it's moving into a smaller home, or maybe it's selling off some long-held prized possessions. These prospects aren't exactly attractive, granted, but this situation that they're in is exactly why people make investments in the first place &mdash; to provide financial padding in times of strife. Material possessions are hard to part with &mdash; especially when you've worked so hard to earn them &mdash; but food, water, and shelter are more important than an old coin collection or a garage full of valuable treasures. In addition, help them restructure their life and rearrange their priorities so they're living in the most efficient manner possible once they get back on track.</p> <h2>7. Evaluate Your Own Life to See How They Can Fit In</h2> <p>Worst-case scenario, your parents need to become your dependents and move in with you and your family. It may not be the most ideal solution, but most of us would take our parents in, especially if they can still care for themselves, before letting them lose everything to debt and be faced with homelessness. If that's your reality, it's not the end of the world. Take a deep breath, schedule a family meeting, and sit down to discuss how to best make this work for everyone. Who knows, you might find that it's not so bad after all. The kids will have Grandma and Grandpa around more often, you'll have a little extra help around the house (hopefully), and you now have a round-the-clock babysitter so you can sneak out for a cold one &mdash; because God knows you deserve it.</p> <p><em>Are your parents broke? How are you helping them weather the storm? Let's chat in the comments below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/how-to-support-your-broke-parents">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/the-16-cardinal-rules-of-loaning-money-to-friends-and-family">The 16 Cardinal Rules of Loaning Money to Friends and Family</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/how-to-put-your-spouse-on-a-budget-without-ruining-your-marriage">How to Put Your Spouse on a Budget Without Ruining Your Marriage</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-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/how-to-manage-your-money-during-a-spousal-separation">How to Manage Your Money During a Spousal Separation</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-top-money-lessons-to-learn-from-ruth-soukups-unstuffed">4 Top Money Lessons to Learn From Ruth Soukup&#039;s &quot;Unstuffed&quot;</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Family broke helping out lending money money trouble parents paying bills struggling Fri, 29 Jul 2016 09:00:17 +0000 Mikey Rox 1760752 at http://www.wisebread.com 5 Frugal Living Truths Every Stay-at-Home-Parent Should Know http://www.wisebread.com/5-frugal-living-truths-every-stay-at-home-parent-should-know <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-frugal-living-truths-every-stay-at-home-parent-should-know" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/mother_children_reading_000089633005.jpg" alt="Stay-at-home-parent learning frugal living truths" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Stay-at-home-moms and stay-at-home-dads are usually the queens and kings of frugality. They know how to stretch a dollar, how to make dinners the kids will love that cost less than $1 per serving, and how to rotate the bills as the money comes in so that everything gets paid. They've learned these things because, often, they had to.</p> <p>There are, though, some greater frugal truths that a lot of SAHMs and SAHDs don't know or, more likely, have forgotten. These are some ideas about frugal living that these folks should keep in the forefront of their minds, so that they can remember the value of what they do. (See also:&nbsp;<a href="http://www.wisebread.com/6-money-myths-about-stay-at-home-moms?ref=seealso" target="_blank">6 Money Myths About Stay-At-Home Moms</a>)</p> <h2>1. Money Isn't Everything</h2> <p>Sure, you know that being there for and with your kids matters. That's why you made the choice to stay at home. But it's really easy to lose sight of why you chose to stay at home when you feel like all you do is change diapers, break up arguments, and generally try to keep small people from certain death. It's also easy to wonder about your choices when you feel like you're always trying to cut corners financially or scrimp until the next paycheck comes.</p> <p>Here's the thing, though: You being there, at home in the daily mess and viewing the daily joys &mdash; it matters. You are giving your kids your time and your presence, and that means more than anything money can buy. You are building relationships that will last until one of you dies &mdash; close, strong, meaningful bonds. Most likely, you chose to stay home because you, yourself, value these things more than money. So live what you believe and remember that money isn't everything.</p> <p>You matter. What you value and what you do matters. And it matters more than any paycheck you might be bringing in if you weren't at home.</p> <p>Note that this isn't to say that being a SAHM or a SAHD is better or worse than being a working parent. But most parents who choose to stay home do it for a reason, and it can be helpful to remember that reason and what you value when financial questions arise.</p> <h2>2. Frugal Choices Are Okay</h2> <p>Many of the stay-at-home-parents I know feel some guilt about the frugal choices they end up making in order to stay home. Maybe they can't feed their kids all organic produce, or they can't afford the art lessons/club sports/individual tutoring that their child really wants. Whatever it is, it can be easy to wonder if you should go back to work in order to make these financial things happen.</p> <p>In the greater scheme of things, though, your frugal choices are okay, especially when they are in line with what you value. If you think that developing close bonds within your family is more important than what sports your kid plays, then focus on those bonds and don't worry about the sports.</p> <p>When you focus on what you value rather than on what others tell you to value, you're teaching your kids a lesson, too. You're teaching them to think for themselves, and to look within for answers, rather than looking at what all their friends are doing.</p> <h2>3. No One Can Give Their Kids Everything</h2> <p>No one. Not even that super-rich couple whose kid is on the baseball team. No one.</p> <p>Most of us want our kids to be happy, to know the value of hard work, to have good friends, and to achieve some degree of success, however they choose to define it. And guess what? Money can't buy any of that.</p> <p>The things that matter most in life are things that money really cannot touch. When you choose to stay at home with your children despite the financial stress and difficulties that can cause, it's easy to feel like you are making them give up a lot of things they might otherwise want. The truth is, though, that if you are showing them what a good life looks like, then you're giving them something money simply can't buy.</p> <h2>4. You Matter, Too</h2> <p>When you're staying at home, not bringing in any income, it's easy to feel like you can't spend any money on yourself. Especially when money is tight, it's natural to feel like you should always buy your kids things before you buy them for yourself.</p> <p>On the other hand, your work has value. Actual monetary value, if the latest research is correct. But beyond that, you are still working hard every day (maybe harder than you've ever worked before!). And you don't need to splurge to the point of creating more debt to acknowledge that. Buy yourself a coffee when you're out and about on a morning when the kids attacked and you didn't get to make your own, and don't beat yourself up over it. Go out with your family and celebrate your birthday.</p> <p>You will feel better about what you do when you celebrate yourself occasionally.</p> <h2>5. You're Teaching Your Kids About Money &mdash; And Life</h2> <p>When you choose to stay at home, that teaches your kids something. When they see you working through a difficult budget, or saying &quot;no&quot; to something you really wanted because the money isn't there, your kids are learning by your example. You can pass on your financial values simply by living them out.</p> <p>You may feel like you aren't doing much, but they're always watching you and learning from what you do.</p> <p>Remember this when times are tough, when everyone is arguing and you feel so poor and you're questioning your decisions. I said at the beginning that what you do matters, that living in alignment with your values is important, and that's true whether you are having a good day or an awful one.</p> <p>So decide what you want to teach your kids and live that out. Live out your financial values and your other ones, too. Live it in everything you do, and you will teach your kids to live the same way.</p> <p><em>What frugal truths help you as a SAHM or a SAHD? How do you get through a bad day at home with the kids?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/5-frugal-living-truths-every-stay-at-home-parent-should-know">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/7-frugal-living-skills-you-should-be-teaching-your-children">7 Frugal Living Skills You Should Be Teaching Your Children</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/6-money-lessons-you-can-learn-from-your-pets">6 Money Lessons You Can Learn From Your Pets</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/6-great-teachable-money-moments-to-share-with-your-kids">6 Great Teachable Money Moments to Share With Your Kids</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/4-top-money-lessons-to-learn-from-ruth-soukups-unstuffed">4 Top Money Lessons to Learn From Ruth Soukup&#039;s &quot;Unstuffed&quot;</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-things-a-thanksgiving-turkey-teaches-us-about-money-0">7 Things a Thanksgiving Turkey Teaches Us About Money</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Family money lessons parents raising kids single income households stay at home dads stay at home moms Wed, 25 May 2016 09:30:21 +0000 Sarah Winfrey 1713143 at http://www.wisebread.com 6 Ways the Sandwich Generation Can Get Ahead http://www.wisebread.com/6-ways-the-sandwich-generation-can-get-ahead <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-ways-the-sandwich-generation-can-get-ahead" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_mom_grandmother_000065344773.jpg" alt="Young woman learning how the sandwich generation can get ahead" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The Sandwich Generation &mdash; those caught caring for aging parents while still supporting children &mdash; face daunting financial challenges. How can they live up to their responsibilities, while still reaching their own financial goals? (See also: <a href="http://www.wisebread.com/10-money-goals-all-30-somethings-should-have?ref=seealso">10 Money Goals All 30-Somethings Should Have</a>)</p> <h2>1. Set Boundaries</h2> <p>Simultaneously caring for a minor and parent is taxing on your &quot;me time.&quot; All told, 42% of Gen Xers and 33% of Baby Boomers are <a href="http://www.pewsocialtrends.org/files/2013/01/Sandwich_Generation_Report_FINAL_1-29.pdf">living this scenario</a> &mdash; and feeling the squeeze in places other than just their wallets. So, how to make time and energy for oneself when so many others are depending on you?</p> <p>One way is to set boundaries. Maybe you need one or two days away from catering to the needs of others. Set up a schedule with other members of your family so that a spouse or brother or cousin is available to relieve you from in-home care duties on certain days. Perhaps common errands like lawn mowing and grocery shopping are becoming difficult to juggle. If you have a mature and capable child, consider delegating out some of these chores.</p> <p>Setting boundaries might be as simple as carving out a two-hour block each day during which you engage in whatever activities &mdash; napping, exercising, reading &mdash; benefit you. The key, of course, is sticking to it. Honor that time you've created for yourself and know that it's helping not only you, but those who depend on you, too.</p> <h2>2. Consider Long-Term Care Insurance</h2> <p>If you're caring for an ailing parent, you may want to mandate that Mom or Dad invest in long-term care insurance. If they're resistant, explain that it's for you as much as it is for them. After all, you don't want to go bankrupt, and your parent doesn't want that for you either. Long-term care insurance policies reimburse policyholders a daily amount for services to assist with the cost of daily activities such as bathing, dressing, or eating. The cost of a long-term care policy is determined by factors such as how old the policyholder is when he or she buys in, and the predetermined maximum amount that the policy will pay per day.</p> <h2>3. Invite Mom and Dad to Move In</h2> <p>If your parents move in with you, you can all save money in property taxes &mdash; up to tens of thousands of dollars, depending on where you reside. Not to mention, the average annual cost of a <a href="https://www.metlife.com/mmi/research/2012-market-survey-long-term-care-costs.html#keyfindings">private nursing home</a> room is about $91,000, while the the cost of assisted living falls around $43,000.</p> <p>Multigenerational housing eliminates such expenses and grants you the peace of mind that Mom and Dad are being well-cared for by yourself and other members of the family. Establishing a multigenerational household may seem daunting, but don't discount the many social benefits. Your children will have a better shot at developing a meaningful relationship with their grandparents if they're all living under one roof. Same goes for you and your parents.</p> <h2>4. Collect Rent From Grown Kids Who Move Back Home</h2> <p>At one time, it was embarrassing for a young adult to move back in with his or her parents. But today, that simply isn't so. In fact, thanks to The Great Recession, there are so many young adults moving back in with Mom and Dad that the stigma is practically non-existent.</p> <p>Living at home eases the burden of student debt while helping young adults save for their education, a car, and a place of their own. But remember that all of these benefits are still well in play when you charge your son or daughter a fair rent. And you should. Young adults who pay to live at home are more likely to feel motivated to get a good job, establish a career, improve their education, and put their degree to good use. You needn't charge the amount it would cost to rent an apartment in your city or town. A couple hundred dollars a month is typically enough to keep your son or daughter edging to better themselves.</p> <h2>5. Claim a Parent as a Dependent</h2> <p>If you're caring for a parent who has a gross income of no more than $3,950 &mdash; this number excludes Social Security and disability &mdash; you can <a href="http://www.elderlawanswers.com/claiming-a-parent-as-a-dependent-3657">claim them as a dependent</a> when you file your taxes.</p> <h2>6. Write Off Your Parent's Medical Expenses</h2> <p>The IRS understands the strain of paying for a parent's medical tab. If you footed the bill for a parent's medical care, you may be able to <a href="https://www.irs.gov/publications/p502/ar02.html#en_US_2015_publink1000178856">deduct those expenses</a> when you file your taxes. To quality, total medical expenses, including the cost of prescription drugs, hospital care, and doctor's visits, must exceed 10% of your adjusted gross income.</p> <p><em>Are you part of the Sandwich Generation? How are you coping?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/6-ways-the-sandwich-generation-can-get-ahead">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/does-your-kid-need-an-ira">Does Your Kid Need an IRA?</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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your 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/its-the-21st-century-why-is-your-money-stuck-in-the-20th">It&#039;s the 21st Century — Why Is Your Money Stuck in the 20th?</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/how-to-keep-your-kids-rich-friends-from-ruining-your-budget">How to Keep Your Kid&#039;s Rich Friends From Ruining Your Budget</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/6-apps-every-dad-needs">6 Apps Every Dad Needs</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family Lifestyle baby boomers dependents gen x insurance parents sandwich generation taxes Mon, 01 Feb 2016 12:00:03 +0000 Brittany Lyte 1646408 at http://www.wisebread.com 8 Things Your Boomer Parents Could Afford That You Can't http://www.wisebread.com/8-things-your-boomer-parents-could-afford-that-you-cant <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-things-your-boomer-parents-could-afford-that-you-cant" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_classic_car_000013375059.jpg" alt="Boomer parent affording things that we can&#039;t" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Many of us have probably been subjected to the judgement of our Baby Boomer parents, who wonder why younger generations are facing more debt and financial troubles.</p> <p>I won't defend the spendthrift ways of Millennials and Gen-Xers, but the truth of the matter is that many things are simply more expensive now than they used to be. Baby Boomers &mdash; those born between 1946 and 1964 &mdash; paid less for many of the things considered essential now.</p> <p>Here are eight things that our Baby Boomer parents could afford more easily than we can.</p> <h2>1. A Home</h2> <p>Interest rates were probably higher for Baby Boomers, but the average price of a home was considerably lower, even after adjusting for inflation. The <a href="http://www.multpl.com/case-shiller-home-price-index-inflation-adjusted/">Case Shiller Home Price Index</a> offers a good examination of home prices over time. Through most of the '60s, '70s, and '80s, the index was at about 120. Now it's near 170, an increase of about 40%. During the housing bubble, it topped 220 &mdash; that was a near doubling of prices after inflation. No wonder so many of us got into unnecessary housing debt.</p> <h2>2. College</h2> <p>We've all heard stories about Baby Boomers who claim to have attended college for just a few hundred bucks a semester. Indeed, education was a relative bargain for our folks, who in 1975 paid the <a href="http://trends.collegeboard.org/college-pricing/figures-tables/tuition-fees-room-board-time-1974-75-2014-15-selected-years">equivalent of $2,469</a> for a year of tuition and fees at a public university. The cost is more than four times that today. The College Board reports that we experienced increases of 9.5% above inflation during the 2009-10 school year, and another 6.5% above inflation in 2010-11.</p> <h2>3. A Car</h2> <p>A Baby Boomer may have bought his or her first car in 1970 for $3,450, or $20,781 in today's dollars. The average price of a car is now more than $30,000. The good news for today's car buyers is that quality of cars has improved, and there is a wider range of choices, including many at the more affordable end.</p> <h2>4. Child Care</h2> <p>There's not a lot of data on child care costs for older Baby Boomers, but for those raising kids in the 1980s, things were much easier on the wallet than today. The U.S. Census Bureau reported that the <a href="https://www.census.gov/prod/2013pubs/p70-135.pdf">average weekly child care payment</a> in 1985 was about $40, or $84 in 2011 dollars. Compare that to the $143 weekly paid by families in 2011.</p> <h2>5. Food</h2> <p>It cost less for your parents to serve dinner. The Department of Agriculture reported that the price of food has <a href="http://www.ers.usda.gov/amber-waves/2015-july/growth-in-inflation-adjusted-food-prices-varies-by-food-category.aspx#.ViZwTH6rRaR">outpaced the rate of inflation</a> in many areas, including fresh fruits and vegetables, eggs, red meat, and poultry. Fresh fruits and vegetables are 40% more expensive than in 1985, and that's after adjusting for inflation.</p> <h2>6. Health Care</h2> <p>In 1970, per capita spending on health care was a mere $356, or $2,144 in today's dollars. That rose to $8,402 per person in 2010. Some of this increase could be due to the availability of more advanced medical treatment, but there's no doubt it costs more to get sick these days.</p> <h2>7. Going to the Movies</h2> <p>In this case, it may actually depend on the year. A person born in 1946 might have attended the movies as a teenager for 50 cents, or about $4.15 in today's dollars. That's a steal compared to a current ticket, which comes in at $8.61, according to The Hollywood Reporter. But a Baby Boomer attending the movies in the 1970s may have paid prices that, when adjusted for inflation, weren't too much less than today. One thing is for sure: Moviegoers of yesteryear were not subjected to the additional charges for 3D or IMAX screenings that can often add several dollars to the price of a ticket today.</p> <h2>8. Pro Sports Tickets</h2> <p>A ticket to a baseball game cost an average of $28 in 2015, according to Team Marketing Report. The average ticket price is $54 for the NBA, $86 for the NFL, and $62 for the NHL. The cost of player salaries and state-of-the-art stadiums has brought us away from the days when a bleacher seat could be had for $1. At the first Super Bowl in 1967, the average ticket price was $12, or $85 in today's dollars, Sports Illustrated reported. The average ticket price for the Super Bowl in 2014 was an eye-popping $1,250.</p> <p><em>What else was cheaper for Boomers than the generations following?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/tim-lemke">Tim Lemke</a> of <a href="http://www.wisebread.com/8-things-your-boomer-parents-could-afford-that-you-cant">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/change-jars-and-8-other-clever-ways-to-build-an-emergency-fund">Change Jars and 8 Other Clever Ways to Build an Emergency Fund</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/6-ways-meditation-can-make-you-a-money-master">6 Ways Meditation Can Make You a Money Master</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/15-personal-finance-rules-you-should-be-breaking">15 Personal Finance Rules You Should Be Breaking</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/10-types-of-friends-who-are-costing-you-money">10 Types of Friends Who Are Costing You 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/frugal-tip-do-not-spend-when-you-are-sad">Frugal Tip: Do Not Spend When You Are Sad</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance baby boomers inflation parents saving spending tuition Thu, 29 Oct 2015 15:15:44 +0000 Tim Lemke 1602062 at http://www.wisebread.com 6 Ways to Ease Your Parents Into Assisted Living http://www.wisebread.com/6-ways-to-ease-your-parents-into-assisted-living <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-ways-to-ease-your-parents-into-assisted-living" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/elderly_parents_000018870545.jpg" alt="Woman moving parent into assisted living facility" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>It's tough to watch your mother or father age. And when you need to sign your parents up for an assisted-living facility? That's never an easy job.</p> <p>Getting the paperwork ready is enough of a chore. But the most difficult task might be keeping yourself sane as you go through the difficult process of convincing your aging parents that living in an assisted-living facility is the right choice.</p> <p>This will never be an easy process. But here are six tips for making the transition as easy as possible for all involved.</p> <h2>1. Give Yourself Plenty of Time</h2> <p>Don't expect to check your parents into an assisted-living facility in one week. It takes a long time to gather the paperwork and schedule the medical evaluations that most facilities require.</p> <p>But even if the process didn't take as long, you should still give yourself and your parents plenty of time to prepare for a move to an assisted-living facility. Let your parents mull over the thought for several weeks before you begin moving them into their new home. They'll need time to accept that this move is the best one for them. If you rush the process? Your parents will be more likely to resent the decision; they'll feel that they are being forced to make this move.</p> <p>The best time to start talking with your parents about an assisted-living facility is as soon as you start seeing the signs that they need help with everyday tasks.</p> <h2>2. Let Your Parents Remain Decision-Makers</h2> <p>It's tempting to try to handle all tasks involved in getting your parents into an assisted-living facility. Resist. Not only will taking on all this work by yourself result in <a href="http://www.wisebread.com/13-cheap-ways-to-beat-stress">loads of stress</a>, it will also alienate your parents. Remember, your parents are the ones who will be living in the assisted-living facility, not you. You need to give them plenty of input.</p> <p>Ask for your parents' advice on everything from what they're looking for in a facility, in what part of town they'd like to live, and on what date they'd like to move. The more you involve your parents in the process &mdash; to the extent that this is feasible &mdash; the smoother the transition to assisted living will go.</p> <h2>3. Work Closely With the Staff</h2> <p>The professionals working at assisted-living facilities have helped countless people like you and your parents. So take advantage of this expertise. Any time you have a question, even if you think it's a small one, call up the facility. You aren't bothering anyone. Remember, you or your parents are paying for the assisted-living facility. Like any customer, you have the right to ask for help or for answers.</p> <p>It's easy to become overwhelmed. The quickest way to relief is to rely on the guidance of the medical and administrative staff at the facility you and your parents have chosen.</p> <h2>4. Expect Short Tempers</h2> <p>Don't be surprised if your parents lash out at you during the transition. And don't take it personally. When you help your parents move into an assisted-living facility, you are reversing the roles you and your mom and dad have long held. Basically, you are becoming the caretaker that your parents once were for you. This is not an easy transition for anyone, and your parents wouldn't be human if it didn't frighten or annoy them.</p> <h2>5. It's Time to Downsize</h2> <p>One of the bigger challenges might be convincing your parents to get rid of a large amount of their personal items. The space they are moving into will undoubtedly be smaller than where they are living today. You can make move-in day less stressful by helping your parents downsize their possessions before they're ready to move.</p> <p>Expect some resistance here, too. Even if your parents understand that their new home doesn't offer nearly as much space, they might still resist parting with their possessions. You might make it easier for them by helping them donate these items to Goodwill or the Salvation Army. This way, your parents will know that their furniture and mementos will be going to people who really need them.</p> <h2>6. Show Them You Haven't Forgotten Them</h2> <p>Once your parents have moved into their new home, make sure they know you're not forgetting about them. It's easy to feel ignored when you're adjusting to a whole new life filled with people you don't know. Ease the transition by visiting your parents often, bringing them back to your home for regular dinners and taking them out to the movies or shopping.</p> <p>The more you make them feel connected to your family through regular visits and phone calls, the easier it will be for your parents to accept and welcome their new living arrangement.</p> <p><em>Have you had to move your folks into an assisted living facility? How'd it go?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/6-ways-to-ease-your-parents-into-assisted-living">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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/how-to-support-your-broke-parents">How to Support Your Broke Parents</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/is-long-term-care-insurance-worth-it">Is Long Term Care Insurance Worth It?</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/6-apps-every-dad-needs">6 Apps Every Dad Needs</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/re-nesting-tips-for-moving-back-in-with-your-parents">Re-Nesting: Tips for Moving Back in With Your Parents</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family assisted living caretakers elderly nursing homes parents Tue, 01 Sep 2015 17:00:18 +0000 Dan Rafter 1538222 at http://www.wisebread.com 6 Apps Every Dad Needs http://www.wisebread.com/6-apps-every-dad-needs <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-apps-every-dad-needs" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/father_and_son_online_000019788770.jpg" alt="Father finding apps that dad needs" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Whether you're a new dad or a seasoned pro, life certainly gets hectic with work and family in the mix. Here are some useful tools that will help you feel better organized, as well as healthier and more confident. (Related: <a href="http://www.wisebread.com/the-4-worst-mistakes-good-parents-make?ref=seealso">The 4 Worst Mistakes Good Parents Make</a>)</p> <h2>1. Cozi</h2> <p>Chances are, with lots of people living under one roof, life can get crazy. The worst part? You all have different schedules. Take charge with <a href="http://www.cozi.com">Cozi</a>, a social organizer for busy families. You can color code each family member's work, school, and personal schedules on one shared calendar. Write up grocery, chore, and other to-do lists to distribute with ease. You can even share photos and other information with your extended family.</p> <h2>2. Quick Tips for New Dads</h2> <p>Didn't have time to read all those parenting books before your kid was born? No worries. With <a href="https://itunes.apple.com/gb/app/quick-%C2%AD%E2%80%90tips-%C2%AD%E2%80%90for-%C2%AD%E2%80%90new-%C2%AD%E2%80%90dads/id843364411">Quick Tips for New Dads</a>, you'll get everything you need to know in your phone. Check out quick snippets of useful information on everything from bottle feeding to naptime routines to looking after mom. With over 250 added stress-busting tips, this app is your holy grail for surviving that first year.</p> <h2>3. Mint Bills</h2> <p>You have enough things to worry about besides when your utilities or cable bills are due. And don't mention those dreaded late fees! Some banks have awesome apps you can use to manage your money. If yours isn't one of them, wrangle your due dates and payments with <a href="https://itunes.apple.com/us/app/mint-bills-money/id285056092?mt=8">Mint Bills</a>. Set up all your bank account, credit card, and bills information once, and the app does the rest of the work.</p> <h2>4. 7-Minute Workout</h2> <p>Being a dad sometimes means skipping workouts to make way for other obligations. Put the power in your back pocket with the <a href="https://itunes.apple.com/us/app/7-minute-workout/id650762525?mt=8">7-Minute Workout</a> app by Wahoo Fitness. You can sneak in a sweat session whenever you find spare time or even combine a few for a longer routine. Each session groups 12 high-intensity bodyweight exercises (no equipment or gym required) at 30 seconds each with 10 seconds of rest between moves. A healthy dad is a happy dad, so take care of yourself.</p> <h2>5. College Saving Wiz</h2> <p>It's never too early (or late) to start saving for your child's education. Download <a href="https://itunes.apple.com/us/app/college-saving-wiz/id674276203?mt=8">College Saving Wiz</a> for handy cost-estimating calculators, savings goals, and even tips for how to stash away extra cash. This app was designed by emeritus professor of finance Lawrence J. Gitman at San Diego State University. And if you'd like to help your kids develop good money habits, also check out <a href="https://itunes.apple.com/us/app/saving-wiz-jr./id674198368?mt=8">Saving Wiz Jr</a>.</p> <h2>6. Evernote</h2> <p>While you're out and about at dance lessons or soccer games, you just might need to do some last-minute research for tomorrow's big meeting. That's where <a href="https://evernote.com">Evernote</a> comes in. You can gather information from anywhere and record your thoughts on essentially anything &mdash; work projects, shopping lists, home improvement projects &mdash; it's up to you. This app syncs across your different devices and lets you put everything into streamlined notebooks with tags and note links for added organization.</p> <p><em>What apps and tools do you use to be a better dad?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-marcin">Ashley Marcin</a> of <a href="http://www.wisebread.com/6-apps-every-dad-needs">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/10-self-improvement-apps-to-make-you-smarter-stronger-and-happier">10 Self-Improvement Apps to Make You Smarter, Stronger, and Happier</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/9-skills-that-will-be-obsolete-soon">9 Skills That Will Be Obsolete Soon</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/the-7-best-free-tools-to-improve-your-work-performance">The 7 Best Free Tools to Improve Your Work Performance</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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/15-alternatives-to-nagging">15 Alternatives to Nagging</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family Productivity apps fathers organization parents working dads Tue, 25 Aug 2015 09:00:59 +0000 Ashley Marcin 1530568 at http://www.wisebread.com Best Money Tips: Money-Saving Ideas for New Parents http://www.wisebread.com/best-money-tips-money-saving-ideas-for-new-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-money-saving-ideas-for-new-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/parents-170082595-small.jpg" alt="parents" title="parents" class="imagecache imagecache-250w" width="250" height="167" /></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 great articles on money-saving ideas for new parents, pet peeves of hiring managers, and using Pinterest to be more productive.</p> <h2>Top 5 Articles</h2> <p><a href="http://money.usnews.com/money/personal-finance/slideshows/12-money-saving-ideas-for-new-parents?int=a64b09">12 Money-Saving Ideas for New Parents</a> &mdash; Picking gender neutral items can help new parents save on their baby expenses. [US News &amp; World Report]</p> <p><a href="http://www.savvysugar.com/What-Annoys-Hiring-Managers-34912002">Hiring Managers Share Their 9 Biggest Pet Peeves</a> &mdash; Hiring managers can't stand it when you don't ask questions or when you are too persistent. [PopSugar Smart Living]</p> <p><a href="http://www.lifehack.org/articles/productivity/5-ways-you-can-use-pinterest-more-productive.html">5 Ways You Can Use Pinterest to Be More Productive</a> &mdash; Pinterest can help you plan your next vacation or become your own personal trainer. [Lifehack]</p> <p><a href="http://When to Skip DIY and Leave It to the Professionals">When To Skip DIY and Leave It to the Professionals</a> &mdash; If you need special tools for a job, it may be best to leave it to the professionals. [Bible Money Matters]</p> <p><a href="http://kylieofiu.com/2014/06/are-you-prepared-for-an-emergency/">Are You Prepared for an Emergency?</a> &mdash; Do you have a financial plan for if you fall ill? What about other emergencies? [Kylie Ofiu]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.dumblittleman.com/2014/06/giving-best-time-management-nd-productivity-technique.html">Why Giving Up Can Be the Best Time Management and Productivity Technique</a> &mdash; If completing a task makes you inefficient, it may be best to just let it go. [Dumb Little Man]</p> <p><a href="http://timemanagementninja.com/2014/06/stop-reading-your-email-and-start-acting-on-it/">Stop Reading Your Email and Start Acting on It</a> &mdash; Filing reference emails can help you keep your emails organized. [Time Management Ninja]</p> <p><a href="http://www.marcandangel.com/2014/06/01/10-forgotten-truths-to-help-you-get-through-hard-times/">10 Forgotten Truths to Help You Get Through Hard Times</a> &mdash; When dealing with hard times, remember that mindset is half the battle. [Marc and Angel Hack Life]</p> <p><a href="http://www.mainstreet.com/article/real-estate/now-time-buy-vacation-home">Now Is the Time to Buy a Vacation Home</a> &mdash; Vacation homes are selling below their peak prices of the past decade. [MainStreet]</p> <p><a href="http://parentingsquad.com/11-tips-for-growing-your-childs-interest-in-gardening">11 Tips for Growing Your Child's Interest in Gardening</a> &mdash; Making it scientific and attracting animals can help grow your child's interest in gardening. [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-money-saving-ideas-for-new-parents">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/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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your 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/30-signs-that-you-were-raised-by-frugal-parents">30 Signs That You Were Raised by Frugal Parents</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/5-money-rules-thatll-save-you-big-in-babys-first-year">5 Money Rules That&#039;ll Save You Big in Baby&#039;s First Year</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/free-stuff-and-coupons-for-new-parents">Free Stuff and Coupons for New Parents</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle baby best money tips ideas money-saving new parents parents Thu, 05 Jun 2014 19:00:16 +0000 Ashley Jacobs 1141780 at http://www.wisebread.com Best Money Tips: Tips for Parents to Save Money http://www.wisebread.com/best-money-tips-tips-for-parents-to-save-money <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-for-parents-to-save-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/2683674161_952e9e5d19_z.jpg" alt="family dining" title="family dining" class="imagecache imagecache-250w" width="250" height="188" /></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 fantastic articles on tips for parents to save money, making your bachelorette party more affordable, and ways to save from the 60s.</p> <h2>Top 5 Articles</h2> <p><a href="http://parentingsquad.com/8-easy-tips-for-parents-to-save-money">8 Easy Tips for Parents to Save Money</a> &mdash; Taking advantage of &quot;kids eat free&quot; nights at restaurants can help parents save money. [Parenting Squad]</p> <p><a href="http://www.savvysugar.com/Affordable-Bachelorette-Party-Ideas-23351498">7 Ways to Make Your Bachelorette Party More Affordable</a> &mdash; Opting for a staycation can help make your bachelorette party more affordable. [PopSugar Smart Living]</p> <p><a href="http://livingonthecheap.com/eat-like-mad-men-10-ways-to-save-on-grocery-dollars-with-cooking-tips-from-the-1960s/">Eat like Mad Men: 10 ways to save from the 60s</a> &mdash; Drinking tap water instead of bottled water can help you save on food and drink expenses. [Living on the Cheap]</p> <p><a href="http://www.budgetsaresexy.com/2013/04/4-non-financial-ways-to-help-homeless/">4 Non-Financial Ways to Help the Homeless</a> &mdash; Instead of giving homeless people money, offer to buy them a bus ticket to wherever they need to go. [Budgets Are Sexy]</p> <p><a href="http://ptmoney.com/tax-preparation-checklist/">The Official PT Money Tax Preparation Checklist</a> &mdash; When doing your taxes, be sure to have your bank account and routing numbers to have your refund directly deposited into your account. [PT Money]</p> <h2>Other Essential Reading</h2> <p><a href="http://youngadultfinances.com/7-energy-efficient-ways-to-keep-money-in-the-bank/">7 Energy Efficient Ways to Keep Money in the Bank</a> &mdash; Switching energy providers and unplugging unused appliances can help you save money. [Young Adult Finances]</p> <p><a href="http://www.moneyunder30.com/best-term-life-insurance-rates">Getting the Best Term Life Insurance: Three Tips</a> &mdash; Understanding your help can help you get the best term life insurance. [Money Under 30]</p> <p><a href="http://www.stretcher.com/stories/11/11apr11d.cfm?slider#.UWL5B4Xi6UM">Become a Smarter Patient</a> &mdash; Become a smarter patient by seeking discounts when you fill your prescriptions. [DollarStretcher.com]</p> <p><a href="http://cashmoneylife.com/secrets-to-real-estate-investing-success/">The Seven (Non Secret) Steps to Real Estate Investing Success</a> &mdash; To be successful when it comes to real estate investing, take the time to prepare your financing. [Cash Money Life]</p> <p><a href="http://moneysmartlife.com/tax-free-investments/">What Investments are Tax Free?</a> &mdash; For the most part, the sale of your principal residence is tax free. [Money Smart Life]</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-for-parents-to-save-money">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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/6-ways-meditation-can-make-you-a-money-master">6 Ways Meditation Can Make You a Money Master</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-things-your-boomer-parents-could-afford-that-you-cant">8 Things Your Boomer Parents Could Afford That You Can&#039;t</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/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward 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/dissecting-gift-guilt-when-does-receiving-a-gift-make-you-feel-bad">Dissecting &quot;Gift Guilt&quot; - When Does Receiving a Gift Make You Feel Bad?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle best money tips money parents saving Tue, 09 Apr 2013 09:48:32 +0000 Ashley Jacobs 973339 at http://www.wisebread.com Best Money Tips: Inexpensive, Short Vacations for Parents http://www.wisebread.com/best-money-tips-inexpensive-short-vacations-for-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-inexpensive-short-vacations-for-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4982574862_21161e194e_z.jpg" alt="couple on vacation" title="couple on vacation" class="imagecache imagecache-250w" width="250" height="168" /></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 great articles on inexpensive, short vacations for parents, money rules of thumb to live by, and foods you should and shouldn't buy organic.</p> <h2>Top 5 Articles</h2> <p><a href="http://parentingsquad.com/13-inexpensive-getaways-for-parents">Wanna Get Away? 13 Inexpensive, Short Vacations for Parents</a> &mdash; Need a short getaway without the kids? Try booking a room at a fancy hotel in town. [Parenting Squad]</p> <p><a href="http://www.creditsesame.com/blog/6-money-rules-of-thumb-to-live-by/">6 Money Rules of Thumb to Live By</a> &mdash; Make sure to have an emergency fund that will cover at least 6 months of your expenses. [Credit Sesame]</p> <p><a href="http://www.moneytalksnews.com/2013/02/28/10-foods-you-shouldnt-buy-organic-and-12-you-should/">10 Foods You Shouldn't Buy Organic -- and 12 You Should</a> &mdash; Don't buy organic avocados or kiwis. [Money Talks News]</p> <p><a href="http://www.savvysugar.com/How-Have-Good-Day-21987023">10 Ways to Make a Good Day More Likely</a> &mdash; To make a good day more likely, do something you enjoy! [PopSugar Smart Living]</p> <p><a href="http://www.mint.com/blog/housing/are-dining-rooms-dead-5-ways-to-reuse-that-space-0213/">Are Dining Rooms Dead? 5 Ways to Reuse That Space</a> &mdash; If you have a dining room that you don't really use, consider converting it into a guest room. [MintLife Blog]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.mainstreet.com/article/moneyinvesting/education-planning/tax-savvy-ways-save-college">Tax-Savvy Ways to Save for College</a> &mdash; Save for college the tax-savvy way by claiming an American Opportunity or Lifetime Learning credit. [MainStreet]</p> <p><a href="http://www.kiplinger.com/slideshow/business/T049-S005-8-great-franchises/index.html">8 Great Franchises</a> &mdash; Have you ever thought about opening a franchise? Look into franchise opportunities with Sit Means Sit. [Kiplinger]</p> <p><a href="http://www.bargaineering.com/articles/choose-financial-adviser.html">How to Choose the Right Financial Adviser for You</a> &mdash; To choose the right financial adviser for you, make sure your potential candidates have the credentials you want. [Bargaineering]</p> <p><a href="http://www.budgetsaresexy.com/2015/05/6-reasons-having-one-savings-account-can-be-bad/"> 6 Reasons Having One Savings Account Can Be Bad</a> &mdash; Having multiple savings accounts may be better than having one if you have multiple saving goals. [Budgets Are Sexy]</p> <p><a href="http://www.freemoneyfinance.com/2013/02/an-interesting-conversation-with-my-dad.html">An Interesting Conversation with My Dad</a> &mdash; Do your parents have a retirement plan, or do they need your help figuring out the steps they need to take to retire? [Free Money Finance]</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-inexpensive-short-vacations-for-parents">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/8-frugal-destinations-for-a-dreamy-winter-getaway">8 Frugal Destinations for a Dreamy Winter Getaway</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/10-sneaky-vacation-costs-that-add-up-quickly">10 Sneaky Vacation Costs That Add Up Quickly</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/are-all-inclusive-vacations-and-cruises-worth-the-money">Are All-Inclusive Vacations and Cruises Worth the Money?</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/are-airline-or-travel-rewards-credit-cards-the-better-deal">Are Airline or Travel Rewards Credit Cards the Better Deal?</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-really-expensive-places-to-spend-your-holidays">4 Really Expensive Places to Spend Your Holidays</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel best money tips inexpensive parents vacation Mon, 04 Mar 2013 11:00:33 +0000 Ashley Jacobs 968712 at http://www.wisebread.com 30 Signs That You Were Raised by Frugal Parents http://www.wisebread.com/30-signs-that-you-were-raised-by-frugal-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/30-signs-that-you-were-raised-by-frugal-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/vintage_family_photo.jpg" alt="Vintage family photo" title="Vintage family photo" class="imagecache imagecache-250w" width="250" height="142" /></a> </div> </div> </div> <p>Frugal folks come from all sorts of backgrounds. Some were raised in typical American families with traditional buying and spending habits and came to embrace frugality much later in life. Others were raised by parents or grandparents who made simplicity part of everyday life &mdash; from the way they cooked and cleaned to the way they fixed their cars and celebrated holidays. For those of us in the latter group, we can spot another member a mile off. There&rsquo;s a sort of unspoken but common shorthand that comes from years of shared experiences. What follows is my tongue-in-cheek way to tell if you were raised by frugal parents (or if you might be on the way to becoming one yourself). (See also: <a href="http://www.wisebread.com/7-important-lessons-frugal-parents-teach-their-children">7 Important Lessons Frugal Parents Teach&nbsp;Their Children</a>)</p> <p>1. You skip the headlines in the Sunday paper and head straight for the sales inserts.</p> <p>2. You&rsquo;ve washed (or seriously considered washing) tin foil to use it a second time.</p> <p>3. You remember smuggling homemade snacks into the Saturday matinee.</p> <p>4. You know how to buff your shoes to high shine by adding a bit of water or heat to the polish.</p> <p>5. You&rsquo;ll still stop to pick up a penny.</p> <p>6. You ignore the suggested use or recommended quantity directions on most products.</p> <p>7. There&rsquo;s a coupon organizer in your purse or car (extra credit if it includes a calculator).</p> <p>8. You save rubber bands or twist-ties.</p> <p>9. The chocolate milk you were served as a kid was heavily diluted with regular milk.</p> <p>10. You have a loyalty card to any thrift store chain.</p> <p>11. You can sew a button, darn a sock, or repair a seam.</p> <p>12. You firmly believe that vinegar and bleach are the only two household cleaning products anyone really needs.</p> <p>13. Your family holds a contest to guess how much money is in the change jar every six months.</p> <p>14. A little mold on bread or cheese doesn&rsquo;t cause you to immediately toss it.</p> <p>15. There&rsquo;s an almanac somewhere in your home.</p> <p>16. You know the technique for properly canning food.</p> <p>17. You know what Green Stamps are.</p> <p>18. Your medicine chest has at least two hotel soaps or bottles of shampoo in it.</p> <p>19. You know how to change the oil in your car (even if you don&rsquo;t always do it yourself).</p> <p>20. The primary toys of your childhood were wooden blocks, <a href="http://www.wisebread.com/50-ways-to-have-free-outdoor-fun">the great outdoors</a>, and a tire swing.</p> <p>21. You know the balance of your checking account (within $5.00) at all times and without looking.</p> <p>22. Negotiating the price of a used car inspires a sense of adventure and thrill.</p> <p>23. You know the secret magic that&rsquo;s contained in every bottle of furniture scratch cover.</p> <p>24. You have a secret stash of <a href="http://www.wisebread.com/22-ways-to-reuse-paper">used, neatly folded gift wrap</a> from previous holidays and birthdays.</p> <p>25. You regard empty butter and yogurt containers as a reuse challenge, not trash.</p> <p>26. At least three pieces of your household furniture were acquired through dumpster-diving, a yard sale, an estate sale, or thrift store.</p> <p>27. You brag to friends about how much you saved instead of how much you spent.</p> <p>28. You can calculate any product&rsquo;s price-per-ounce in mere seconds.</p> <p>29. Your dryer sheets have three times the life expectancy of other people&rsquo;s.</p> <p>30. You rinse out laundry detergent bottles and cut open toothpaste tubes to get at the last bit of product.</p> <p>Though these signs are offered with a bit of humor, there&rsquo;s a grain of wisdom that guides each. Our modern-day mantra of &quot;<a href="http://www.wisebread.com/why-recycling-is-my-lowest-priority">reduce, reuse, recycle</a>&quot; is just a new spin on an old refrain. For many of our frugal mentors, there was simply no other way to live. The tips and tricks they taught us are recounted here with as much respect as comedy &mdash; and with a gratitude that comes from rediscovering best lessons of our childhood.</p> <p><em>What other signs suggest that you might have been raised by frugal folks? What favorite or quirky saving technique have you unwittingly adopted and passed on to your own kids?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/kentin-waits">Kentin Waits</a> of <a href="http://www.wisebread.com/30-signs-that-you-were-raised-by-frugal-parents">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/twenty-signs-that-you-were-raised-by-true-money-savers">20 Signs That You Were Raised By TRUE Money-Savers</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/what-helped-you-become-financially-aware">What Helped You Become Financially Aware?</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/6-ways-the-sandwich-generation-can-get-ahead">6 Ways the Sandwich Generation Can Get Ahead</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-ways-having-kids-makes-you-more-frugal">8 Ways Having Kids Makes You More Frugal</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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle kids and money parents reuse Mon, 20 Aug 2012 10:24:41 +0000 Kentin Waits 951219 at http://www.wisebread.com Re-Nesting: Tips for Moving Back in With Your Parents http://www.wisebread.com/re-nesting-tips-for-moving-back-in-with-your-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/re-nesting-tips-for-moving-back-in-with-your-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/5038779339_54d44b282d_z_0.jpg" alt="student and parents" title="student and parents" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>In nature, when an animal&rsquo;s offspring are old enough to leave the nest, the children are gone for good. With human beings, however, particularly in a rough economic climate, going back home to live with your parents in your late twenties, thirties, or even forties has become a somewhat common occurrence. In some cultures, it is completely normal to live with multiple generations in the household, but many people who are not accustomed to such living arrangements often feel a sense of failure or embarrassment when moving back home. (See also:&nbsp;<a href="http://www.wisebread.com/the-benefits-of-having-a-roommate-besides-saving-on-rent">The Benefits of Having a Roommate &mdash; Besides Saving on Rent</a>)</p> <p>My advice? Don&rsquo;t feel that way. Financial stability is crucial to your mental well-being, and if your parents are willing to take you, then this can be a great opportunity to get back on your feet. Here are some tips to keep in mind before making the transition.</p> <h2>Draw Up a Contract</h2> <p>It may just be your parents, but this first step is important for everyone&rsquo;s peace of mind. They aren&rsquo;t obligated to allow you back in their home, so it is necessary for them to lay out the rules and determine how much you&rsquo;ll be paying for rent, utilities, and food. If they&rsquo;re letting you stay rent-free, then consider yourself extremely lucky.</p> <p>It would also be wise to set up an exit plan, giving you a motivation to move out by the given deadline and assuring your parents that you&rsquo;re not going to stay with them forever.</p> <h2>Expect Diminished Independence</h2> <p>Yes, there are bound to be rules and restrictions, and even though you&rsquo;re no longer a child or teenager, you ought to respect them to the fullest extent, even if you don&rsquo;t agree with them. Perhaps you won&rsquo;t be able to stay out until three in the morning or have alcohol in the house (again, these matters should be outlined in some form of a contract), but even a lessened sense of independence shouldn&rsquo;t get in the way of your path to <a href="http://www.wisebread.com/the-freedom-of-the-independent-yeoman">financial freedom</a>. Again, there&rsquo;s no shame in living with your parents (temporarily), and if you decide to rejoin the nest, take this as a valuable opportunity to build up your own savings (perhaps for a down payment on a home of your own), even if it comes at the expense of your social life.</p> <h2>Help Out</h2> <p>Showing your appreciation &mdash;<em> especially</em> if you&rsquo;re living rent-free &mdash; is practically a must when you&rsquo;re living with your parents past the regular 18-year-old limit. This could entail <a href="http://www.wisebread.com/25-delicious-healthy-and-cheap-bean-recipes">preparing a meal</a> one night (and paying for the food yourself), cleaning up around the house beyond what is already expected of you, and yard work.</p> <p>During the economic recession, children have been rushing back into the comfort of their parents&rsquo; homes in record numbers. If you&rsquo;re considering this move, you are just one of many that are seeking refuge from a tough job market and untenable cost of living. It will take some getting used to, but with proper planning, patience, and a sense of appreciation for what your parents are doing for you, this can be a very smart decision (so long as it&rsquo;s only short-term).</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/kelly-kehoe">Kelly Kehoe</a> of <a href="http://www.wisebread.com/re-nesting-tips-for-moving-back-in-with-your-parents">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/8-old-holiday-traditions-we-cant-believe-ever-existed">8 Old Holiday Traditions We Can&#039;t Believe Ever Existed</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-5-best-cities-for-starting-over">The 5 Best Cities for Starting Over</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/cut-your-electric-bill-with-solar-panels">Cut Your Electric Bill With Solar Panels</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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/11-holiday-pet-dangers-to-avoid">11 Holiday Pet Dangers to Avoid</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family Home Real Estate and Housing cheap rent college students having roommates parents Thu, 08 Mar 2012 11:24:19 +0000 Kelly Kehoe 909760 at http://www.wisebread.com Best Money Tips: Money Saving Tips For Parents http://www.wisebread.com/best-money-tips-money-saving-tips-for-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-money-saving-tips-for-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4107946791_4332d242d3_z-1.jpg" alt="Money Saving Tips For Parents" title="Money Saving Tips For Parents" 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 money saving tips for parents, negotiating the raise you deserve, and alternative college housing options.</p> <h2>Top 5 Articles</h2> <p><a href="http://parentingsquad.com/12-money-saving-tips-for-parents">12 Money Saving Tips For Parents</a> &mdash; If you are a parent, save money by not buying every new toy your child wants. [Parenting Squad]</p> <p><a href="http://www.savvysugar.com/How-Negotiate-Raise-18850024">7 Tips to Negotiating the Raise You Deserve</a> &mdash; To negotiate the raise you deserve, consider the schedule by which employees are evaluated. [SavvySugar]</p> <p><a href="http://freefrombroke.com/alternative-college-housing-options-to-save-money/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alternative-college-housing-options-to-save-money">Alternative College Housing Options to Save Money</a> &mdash; Instead of living in a dorm room, consider living in a co-op when attending college. [Free From Broke]</p> <p><a href="http://frugaldad.com/2011/08/22/how-to-reduce-your-teenagers-monthly-car-budget/">How to Reduce Your Teenager's Monthly Car Budget</a> &mdash; Reduce your teenager's monthly car budget by having them keep their grades up. [Frugal Dad]</p> <p><a href="http://www.pickthebrain.com/blog/8-steps-to-true-happiness/">8 Steps to True Happiness</a> &mdash; To be truly happy, live your life in a state of appreciation. [PickTheBrain]</p> <h2>Other Essential Reading</h2> <p><a href="http://getcurrency.com/dining-travel/5-ways-to-throw-the-perfect-labor-day-party">5 Ways to Throw the Perfect Labor Day Party</a> &mdash; Throw an awesome labor day party by having a signature cocktail for the party. [Currency]</p> <p><a href="http://www.biblemoneymatters.com/how-to-erase-your-debts-the-hard-way/">How To Erase Your Debts The Hard Way</a> &mdash; If you are in a pinch to get rid of your debt, consider taking on a second or third job. [Bible Money Matters]</p> <p><a href="http://www.smartonmoney.com/how-to-invest-money-for-your-kids/">How To Invest Money For Your Kids</a> &mdash; Invest money for your kids by setting up a retirement account as well as a 529 plan for them. [Smart On Money]</p> <p><a href="http://www.greenpandatreehouse.com/2011/08/saving-money-with-an-irregular-income-entrepreneur/">Entrepreneur? Saving Money with Your Irregular Income</a> &mdash; To save money when starting your own business, bootstrap your operations. [Green Panda Treehouse]</p> <p><a href="http://zenhabits.net/profound/">The 5 Principles of a Profound Workday</a> &mdash; Have a profound workday by being slow and mindful of what you are doing. [zen habits]</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-money-saving-tips-for-parents">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-4"> <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/how-the-rich-stay-rich-a-lesson-in-lateral-thinking">How the rich stay rich; a lesson in lateral thinking</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/6-ways-meditation-can-make-you-a-money-master">6 Ways Meditation Can Make You a Money Master</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-things-your-boomer-parents-could-afford-that-you-cant">8 Things Your Boomer Parents Could Afford That You Can&#039;t</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/10-types-of-friends-who-are-costing-you-money">10 Types of Friends Who Are Costing You 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/could-you-save-money-by-subscribing-to-an-addictive-game">Could you save money by subscribing to an addictive game?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle best money tips parents saving tips Fri, 26 Aug 2011 10:00:16 +0000 Ashley Jacobs 679460 at http://www.wisebread.com Best Money Tips: Saving Tips For New Parents http://www.wisebread.com/best-money-tips-saving-tips-for-new-parents <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-tips-for-new-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4899610548_acaf21e349_z-1.jpg" alt="Saving Tips For New Parents" title="Saving Tips For New Parents" 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 great articles on saving tips for new parents, what to ask your job interviewer, and how to choose a college.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.thedigeratilife.com/blog/saving-tips-for-new-parents-get-ready-for-baby/">Saving Tips For New Parents: Get Ready For Baby!</a> &mdash; One of the best ways to save money when it comes to getting ready for a baby is to comparison shop. [The Digerati Life]</p> <p><a href="http://www.savvysugar.com/Questions-Ask-During-Job-Interview-4138449">Ask Your Job Interviewer This, Not That</a> &mdash; When you go to a job interview, be sure to ask the interviewer what your average day would be like. [SavvySugar]</p> <p><a href="https://smartasset.com/personal-finance/5-factors-to-picking-the-perfect-college">5 Factors to Picking the Perfect College</a> &mdash; When selecting a college, be sure to consider its location and size. [SmartAsset]</p> <p><a href="http://www.thesimpledollar.com/2011/07/27/seven-powerful-meditation-and-focusing-techniques/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+thesimpledollar+%28The+Simple+Dollar%29">Seven Powerful Meditation and Focusing Techniques</a> &mdash; To focus better, work in bursts. [The Simple Dollar]</p> <p><a href="http://financialhighway.com/how-to-have-a-lavish-lifestyle-without-breaking-the-bank/">How To Have A Lavish Lifestyle Without Breaking The Bank</a> &mdash; Have a lavish lifestyle without breaking the bank by indulging in groceries. [Financial Highway]</p> <h2>Other Essential Reading</h2> <p><a href="http://parentingsquad.com/summer-sips-for-parents">Pass Mommy's Juice: 11 Delicious Drinks for Hot Summer Days</a> &mdash; On a hot day, enjoy some frozen margaritas. [Parenting Squad]</p> <p><a href="http://www.kiplinger.com/features/archives/tax-breaks-for-the-middle-class.html">Tax Breaks for the Middle Class</a> &mdash; One of the tax breaks the middle class gets is the American Opportunity Credit. [Kiplinger]</p> <p><a href="http://www.thousandaire.com/blog/get-approved-for-a-personal-loan/">Get Approved for a Personal Loan</a> &mdash; Are you trying to get a personal loan? Make sure to obtain a copy of all three of your credit scores and reports. [Thousandaire]</p> <p><a href="http://www.inc.com/guides/201107/expert-tips-on-hiring-for-creativity.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+inc%2Fheadlines+%28Inc.com+Headlines%29">10 Tips on Hiring for Creativity</a> &mdash; When hiring for creativity, be sure to ask the applicants what they are reading. [Inc.]</p> <p><a href="http://www.treesfullofmoney.com/?p=785">8 Reasons Renting a Vacation Home is Better than Buying</a> &mdash; Renting a vacation home is better than buying one because you don't have to worry about maintenance or taxes. [Trees Full of Money]</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-saving-tips-for-new-parents">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-5"> <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/51-uses-for-coca-cola-the-ultimate-list">51 Uses for Coca-Cola – the Ultimate List</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/6-ways-to-get-your-toiletries-for-cheap-or-even-free">6 Ways to Get your Toiletries for Cheap or Even Free!</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/will-a-dental-discount-plan-save-you-money">Will A Dental Discount Plan Save You Money?</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/easy-budgeting-for-first-time-singles">Easy Budgeting for First Time Singles</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-you-wasting-68000-on-gas">Are You Wasting $68,000 on Gas?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living baby best money tips parents savings tips Mon, 01 Aug 2011 10:00:22 +0000 Ashley Jacobs 643779 at http://www.wisebread.com Best Money Tips: Financial Strategies for Stay at Home Parents http://www.wisebread.com/best-money-tips-financial-strategies-for-stay-at-home-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-financial-strategies-for-stay-at-home-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3424945924_11646a8c54_z-1.jpg" alt="Financial Strategies for Stay at Home Parents" title="Financial Strategies for Stay at Home Parents" 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 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.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.milliondollarjourney.com/financial-strategies-stay-at-home-parent.htm">Financial Strategies for the New Stay at Home Parent</a> &mdash; As a new stay at home parent, be sure to implement the strategy of income splitting. [Million Dollar Journey]</p> <p><a href="http://lifehacker.com/#!5798087/the-stress+free-guide-to-settling-down-in-a-new-city">The Stress-Free Guide to Settling Down in a New City</a> &mdash; Get settled in a new city by talking to the locals and getting the lowdown on your new home. [Lifehacker]</p> <p><a href="http://www.fivecentnickel.com/2011/05/03/four-types-of-life-insurance-that-are-a-complete-waste-of-money/">Four Types of Life Insurance That Are a Complete Waste of Money</a> &mdash; Don't waste your money on flight accident insurance. It's not necessary. [Five Cent Nickel]</p> <p><a href="http://www.fool.com/investing/small-cap/2011/05/03/7-signs-of-a-winner.aspx">7 Signs of a Winner</a> &mdash; 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]</p> <p><a href="http://deliverawaydebt.com/debt/stash-or-trash-five-tips-to-decide-whether-to-store-sell-or-discard-belongings-when-you-move/">Stash or Trash? Five Tips to Decide Whether to Store, Sell or Discard Belongings When You Move</a> &mdash; If you are on the fence about whether or not to trash or stash something, chances are you should trash it. [Deliver Away Debt]<a id="fck_paste_padding"></a></p> <h2>Other Essential Reading</h2> <p><a href="http://getcurrency.com/design-home/3-ways-to-declutter-your-desk-and-divorce-your-mess">3 Ways to Declutter Your Desk and Divorce Your Mess</a> &mdash; Get your desk cleaned up by taming your paperwork. [Currency]</p> <p><a href="http://www.couponsherpa.com/ask-coupon-sherpa/gotcha-7-in-store-grocery-advertising-techniques/">Gotcha! 7 In-Store Grocery Advertising Techniques</a> &mdash; When you are at the market, you are bombarded with seven different forms of advertising, including floor talkers and receipt advertising. [Coupon Sherpa]</p> <p><a href="http://www.pickthebrain.com/blog/10-life-altering-mind-shifts-to-rock-your-world/">10 Life-Altering mind Shifts To Rock Your World</a> &mdash; Rock your world by making a shift to a present moment mindset and don't let the past hold you back. [PickTheBrain]</p> <p><a href="http://parentingsquad.com/the-3-things-that-mom-really-wants-for-mother-s-day">3 Things That Mom REALLY Wants For Mother's Day!</a> &mdash; This Mother's Day, give your mom the chance to sleep in. [Parenting Squad]</p> <p><a href="http://www.lifehack.org/articles/technology/stop-wasting-time-how-to-search-like-a-pro.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+LifeHack+%28lifehack.org%29">Stop Wasting Time - How to Search Like a Pro</a> &mdash; Make your online searches more productive by knowing that word order matters to Google. [Stepcase Lifehack]</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-financial-strategies-for-stay-at-home-parents">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/how-much-should-your-kids-know-about-your-finances">How Much Should Your Kids Know About Your Finances?</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/4-bad-money-habits-youre-teaching-your-kids">4 Bad Money Habits You&#039;re Teaching Your Kids</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/twenty-signs-that-you-were-raised-by-true-money-savers">20 Signs That You Were Raised By TRUE Money-Savers</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/how-to-sell-your-kids-stuff-at-a-consignment-sale">How to Sell Your Kid&#039;s Stuff at a Consignment Sale</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/6-ways-the-sandwich-generation-can-get-ahead">6 Ways the Sandwich Generation Can Get Ahead</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle best money tips kids parents stay at home parents Wed, 04 May 2011 09:48:57 +0000 Ashley Jacobs 536494 at http://www.wisebread.com How (and Why) to Help Your Parents Pay Off Their Mortgage http://www.wisebread.com/how-and-why-to-help-your-parents-pay-off-their-mortgage <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-and-why-to-help-your-parents-pay-off-their-mortgage" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/parents at Windsor Castle.jpg" alt="couple at Windsor Castle" title="couple at Windsor Castle" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Your parents have a fair chance of carrying a hefty mortgage well into retirement. According to a <em>Newsweek</em> article (&quot;<a href="http://www.newsweek.com/2010/12/13/many-baby-boomers-may-retire-with-mortgages.html">Many Baby Boomers May Retire with Mortgages</a>&quot;), 63% of 55- to 64-year-olds have a mortgage. Some may be close to paying off the mortgage, but my observations and research lead me to believe that many of these homeowners (in some cases, the parents of 20- and 30-somethings) have a mortgage loan balance that is frighteningly close to the value of their property (in 2009, a <a href="http://www.nytimes.com/2009/03/15/realestate/15Mort.html"><em>New York Times</em> article</a> indicated that about 15% of those 55- to 64-year-olds are <a href="http://www.wisebread.com/six-options-if-youre-underwater-on-your-mortgage">underwater</a>, as are 30% of homeowners in the 45-54 age range).</p> <p>If your parents happen to carry a large balance after several mortgage refinances, and they adhere to standard repayment schedules, they may be in their 80s before the mortgage is paid (read <a href="#why">why you should care about their finances</a>).</p> <p>I won&rsquo;t suggest that you take on your parents' mortgage in addition to managing your financial obligations. But if your parents are weighed down by seemingly never-ending financial duties, there are ways to help mortgage-indebted parents, get on a solid financial footing, and build better parent-child relationships:</p> <h3>Support Home Downsizing</h3> <p>A major part of the rationale behind extreme borrowing was that your parents would eventually sell the house, pay off the mortgage, and use home-sale proceeds to buy a smaller home outright and supplement savings. The fall in housing prices may have made them rethink the timing of the home sale, but what also may be holding them back is the now-grown kids&rsquo; desires to return (perpetually) to the homes of their youths, either in the form of primary residences or vacation homes.</p> <p>Even if they can&rsquo;t sell their homes for as much as originally envisioned, they can still extract themselves from a hefty mortgage and <a href="http://www.wisebread.com/what-it-really-costs-to-own-a-home">homeowner expenses</a>, such as HOA fees, utilities, upkeep, and property taxes. Don't be nostalgic about the house if your behavior and words will stop your parents from selling. Consider new ways that the family can reunite over holidays and vacations.</p> <p>If they start planning now, they&rsquo;ll be more likely to sell the house and buy a suitable one with a much smaller mortgage (or none at all) within the next few to several years.</p> <p>While you&rsquo;re encouraging the downsizing, help them get rid of stuff. One of the things I&rsquo;ve noticed that&rsquo;s been a problem with my parents (and my in-laws) in de-cluttering is that the kids want to keep their stuff at mom-and-dad&rsquo;s house. Take it with you! Secondly, help them sell or donate (and <a href="http://www.wisebread.com/cleaning-out-for-a-cause-make-a-noncash-tax-deductible-donation">claim a tax deduction</a>) on valuable-but-unnecessary things to ease the move to smaller space.</p> <h3>Pay Your Way Through Graduate School</h3> <p>Your parents may offer to pay for your graduate degree, especially now that they do not have expenses associated with groceries, medical and dental bills, clothing, and more for a growing family. If your career is stagnating and they seem relatively successful, then you may be considering approaching them for assistance.</p> <p>To fund graduate school, they may need to tap a home equity line of credit. Even if they have funds to pay your expenses, encourage them to use extra money to accelerate mortgage payoff or tuck away dollars for unexpected expenses.</p> <p>Explore options to pursue a <a href="http://www.wisebread.com/8-ways-to-eliminate-debt-while-in-grad-school">graduate degree on a budget</a>, which may include taking classes on a part-time basis, getting tuition reimbursement from your employer, landing a fellowship, and <a href="http://www.wisebread.com/how-to-win-small-scholarships-for-a-big-payoff">winning scholarships</a>. These approaches may put you in a better position to snag your dream job after graduation than if you had quit your job and borrowed money to attend grad school.</p> <h3>Pay Rent</h3> <p>If you are living at home and working in any capacity, pay rent. Pay enough to cover incremental costs associated with your share of utilities, groceries, and incidentals, plus an extra amount that will allow them to pay down the principal on the mortgage.</p> <p>Admittedly, I didn&rsquo;t pay rent to my parents when I graduated from college and lived at home because I was still looking for a job and had no source of income (or thought I didn&rsquo;t). Within four months, I moved away, started paying rent to a landlord, and eliminated expenses associated with my upkeep.</p> <h3>Share in the Costs of the Family Vacation</h3> <p>Pay a portion of the expense for the vacation home that your parents may arrange for the family get-together, or take care of meals and activities.</p> <p>If the vacation is solely your parents&rsquo; choice and you have no input on the location, make alternative plans or see if your parents are open to changing the venue if you share expenses.</p> <h3>Compensate Your Parents for Childcare and Babysitting Services</h3> <p>Pay for childcare and babysitting, or find ways to compensate them without handing over cash. Bring meals, handle repair jobs, or find bargains for them.</p> <p>Some grandparents may watch their grandchildren infrequently and could be upset at offers of money. Others, though, are regular caregivers and will appreciate some extra cash. They may have child-related expenses for snacks and meals or simply have less time to engage in money-saving activities such as <a href="http://www.wisebread.com/assembly-cooking-for-newbies">bulk cooking</a> or doing their own yard work.</p> <h3>Throw a Frugal Wedding</h3> <p>Having a frugal wedding may seem natural or outrageously unacceptable depending on your social circle and demographics. Note that your parents may need to borrow to pay their portion of wedding-related expenses. Setting a reasonable budget and spending on what truly matters are keys to the elegant-but-frugal wedding.</p> <p>Some folks may host relaxing rehearsal dinners at private homes. Others eliminate traditional expenses but <a href="http://www.wisebread.com/alternative-wedding-ideas-for-big-savings">splurge on cost-effective wedding alternatives</a>.</p> <h3>Collaborate to Make or Save Money</h3> <p>It&rsquo;s likely that parents and their now-grown or nearly grown children can collaborate on cash-producing and money-saving projects. When my youngest son was 11-years-old, we worked together to sell Yu-Gi-Oh! cards online (not that I&rsquo;m perfectly capable of tackling this task independently). He provided insights into buying motivations of consumers and handled certain aspects of listings (such as selecting cards and taking digital images) while I took care of the financial matters (purchasing supplies, advising on costs to fulfill orders, and managing the financial settlement account).</p> <p>You can also help each other save money by sharing expertise, perhaps through online and brick-and-mortar bargain-shopping expeditions or <a href="http://www.wisebread.com/teach-yourself-to-cook">hands-on cooking lessons</a>.</p> <h2><a name="why"></a>Why Bother?</h2> <p>Carrying a mortgage into retirement may not seem all that bad, especially if social security checks will cover the amount. But if parents have to take withdrawals from retirement accounts to cover basics like housing, then they&rsquo;ll pay taxes and deplete savings at an exponentially higher rate than if they&rsquo;d knocked out the mortgage prior to retirement. That is, they'll pay taxes on retirement fund withdrawals (generally considered ordinary income, unless they've socked away money in new Roth IRAs), which can trigger taxes on social security income that will then lead to selling more assets to pay the extra taxes, and so on.</p> <p>According to Schwab MoneyWise, <a href="http://www.schwabmoneywise.com/views/retirement-trends/supporting-others-in-retirement.php">44% of retirees are supporting other people</a> and though <a href="http://www.wisebread.com/financial-literacy-for-young-adults">most young adults are financially independent</a>, &ldquo;41% of parents still provide some level of financial support to their children ages 23-28.&rdquo; Judging from articles on their financial priorities (such as this discussion on <a href="http://www.wisebread.com/are-you-saving-for-your-childs-college-education">college savings vs. retirement</a>), those now in their 20s and 30s are determined not to make the same mistakes as their parents. Priorities include containing or eliminating the parent-to-child money flow. Learning how these mutually responsible relationships should work doesn&rsquo;t have to start when you explain the need for financial independence to your 18-year-old as she packs for college but can start by modeling financial independence now.</p> <p>You may have some angst about your future, and you may wonder why you can&rsquo;t afford what your parents did, which may have included private school tuition, a large and well-appointed home, and frequent meals out. But if you can take a peek behind the curtain, then you may discover that they incurred too much debt and really couldn't afford some or all of these expenses. These realizations may guide you as you make decisions about spending and saving.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/julie-rains">Julie Rains</a> of <a href="http://www.wisebread.com/how-and-why-to-help-your-parents-pay-off-their-mortgage">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/5-steps-to-take-if-youre-house-poor">5 Steps to Take If You&#039;re House Poor</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/how-to-afford-payments-on-your-adjustable-rate-mortgage">How to Afford Payments on Your Adjustable Rate Mortgage</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/5-american-cities-where-you-can-retire-on-just-social-security">5 American Cities Where You Can Retire On Just Social Security</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/5-signs-it-s-time-to-see-a-credit-counselor">5 Signs It’s Time to See a Credit Counselor</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/heres-what-to-do-if-you-cant-afford-your-mortgage-payment">Here&#039;s What to Do If You Can&#039;t Afford Your Mortgage Payment</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Debt Management Real Estate and Housing Retirement mortgage parental support parents Tue, 18 Jan 2011 13:00:13 +0000 Julie Rains 454551 at http://www.wisebread.com