The 3rd Decade PodcastAuthor: 3rd Decade
Join us as we invite various individuals to share philosophies on personal finance, helpful tips for navigating saving and investing, and other finance related topics. Language: en-us Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Family Financial Planning
Episode 55
Monday, 2 December, 2024
Nikita & Joe'Mar discuss the importance of solid financial planning when it comes to having or starting a family. Each brings their own perspective (Nikita: inviting 2 new members for the first time; Joe'Mar: having 2 older children).In this episode, they discuss:Short & long-term goal settingValues-based budgetingTracking income & expenses, and adjusting when neededDifferent levels of mixed financesReducing & avoiding debtBuilding an appropriately sized emergency fundHealth insurance529 plans & UTMA accountsResources:Infant Expense SheetWhat's the real cost of having a baby? (Two Cents: YouTube)UTMA vs 529: Which Investing Account is Better? (YouTube Video)Financial Transitions That Come with Marriage (3rd Decade Podcast)Combining Finances (3rd Decade Podcast)Financially Literate Homes (Part 1) (3rd Decade Podcast)Financially Literate Homes (Part 2) (3rd Decade Podcast)Monthly Budgeting Template3rdDecade.org