#family-finance

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#budgeting
fromBusiness Insider
3 weeks ago
Everyday cooking

I was spending nearly $2,000 on groceries a month. When I handed the shopping over to my husband, he helped us save thousands.

Husband reduced a $2,000 grocery bill by adopting a strategic shopping approach, focusing on store brands and careful planning.
fromBusiness Insider
6 days ago
Everyday cooking

My family of 5 has made lifestyle adjustments to save money. We buy generic grocery brands and cut back on subscription services.

Adopting frugality through meal planning, generic groceries, and outdoor activities helps a family of five manage expenses effectively.
fromBusiness Insider
3 weeks ago
Everyday cooking

I was spending nearly $2,000 on groceries a month. When I handed the shopping over to my husband, he helped us save thousands.

Husband reduced a $2,000 grocery bill by adopting a strategic shopping approach, focusing on store brands and careful planning.
fromBusiness Insider
6 days ago
Everyday cooking

My family of 5 has made lifestyle adjustments to save money. We buy generic grocery brands and cut back on subscription services.

Adopting frugality through meal planning, generic groceries, and outdoor activities helps a family of five manage expenses effectively.
more#budgeting
#wealth-management
from24/7 Wall St.
1 week ago
Retirement

My in-laws are passing down a $16 million trust to my wife - how do we make sure it grows to its full potential?

Managing and protecting inherited wealth is essential to avoid rapid loss and ensure growth.
A couple plans to redirect significant inheritance towards generational wealth for future children.
from24/7 Wall St.
2 months ago
Miscellaneous

I'm 31 with a net worth of $4 million and my grandparents want to give me $5 million - should I have them direct the money to my kids instead?

Using a large windfall responsibly requires careful consideration of future family needs.
Setting up a trust can help manage how an inheritance is used by future children.
from24/7 Wall St.
2 months ago
Miscellaneous

My wife and I have a sizable estate with $10 million - are we wrong for being nervous to leave our children a large inheritance?

Teaching children about money prepares them to manage future inheritances effectively.
Delaying access to inheritance can prevent children from benefiting if they pass away before accessing funds.
Retirement
from24/7 Wall St.
1 week ago

My in-laws are passing down a $16 million trust to my wife - how do we make sure it grows to its full potential?

Managing and protecting inherited wealth is essential to avoid rapid loss and ensure growth.
A couple plans to redirect significant inheritance towards generational wealth for future children.
from24/7 Wall St.
2 months ago
Miscellaneous

I'm 31 with a net worth of $4 million and my grandparents want to give me $5 million - should I have them direct the money to my kids instead?

Using a large windfall responsibly requires careful consideration of future family needs.
Setting up a trust can help manage how an inheritance is used by future children.
from24/7 Wall St.
2 months ago
Miscellaneous

My wife and I have a sizable estate with $10 million - are we wrong for being nervous to leave our children a large inheritance?

Teaching children about money prepares them to manage future inheritances effectively.
Delaying access to inheritance can prevent children from benefiting if they pass away before accessing funds.
more#wealth-management
#retirement-planning
from24/7 Wall St.
2 months ago
Parenting

My parents didn't plan for retirement, but I've got millions - what's the best way to help them?

Supporting parents financially can significantly aid their retirement planning.
from24/7 Wall St.
1 month ago
Retirement

I'm a 41-year-old doctor who's finally making good money after years of training - how do I calculate how much I need to save?

Determine retirement savings based on withdrawal rates, projected returns, and desired income.
To spend $200K yearly in retirement, aim for approximately $5.4M saved by age 60.
from24/7 Wall St.
4 weeks ago
SF parents

My parents are retiring with just $210k and never invested their money - what's the safest move for their nest egg?

The Redditor should help his father rollover his retirement funds to avoid tax penalties and enhance investment opportunities.
fromIndependent
3 months ago
Miscellaneous

Michael Houghton: 'For the sceptics and disbelievers, here's a breakdown of how we saved enough money to retire in just seven years'

Building a €700,000 retirement portfolio in seven years is achievable with the right strategies and discipline.
from24/7 Wall St.
2 months ago
Parenting

My parents didn't plan for retirement, but I've got millions - what's the best way to help them?

Supporting parents financially can significantly aid their retirement planning.
from24/7 Wall St.
1 month ago
Retirement

I'm a 41-year-old doctor who's finally making good money after years of training - how do I calculate how much I need to save?

Determine retirement savings based on withdrawal rates, projected returns, and desired income.
To spend $200K yearly in retirement, aim for approximately $5.4M saved by age 60.
from24/7 Wall St.
4 weeks ago
SF parents

My parents are retiring with just $210k and never invested their money - what's the safest move for their nest egg?

The Redditor should help his father rollover his retirement funds to avoid tax penalties and enhance investment opportunities.
fromIndependent
3 months ago
Miscellaneous

Michael Houghton: 'For the sceptics and disbelievers, here's a breakdown of how we saved enough money to retire in just seven years'

Building a €700,000 retirement portfolio in seven years is achievable with the right strategies and discipline.
more#retirement-planning
from24/7 Wall St.
1 month ago
NYC parents

My daughter refuses my 'live at home' rule for college - should I still pay or hold firm?

A mother seeks financial advice on college funding for her daughters, highlighting the importance of family rules and fairness in financial decisions.
#sibling-rivalry
from247wallst.com
3 months ago
Miscellaneous

My sister manipulated my mom to pay off her $33k credit card debt before she died. How can I deduct that from her inheritance?

Financial support to one sibling over another can lead to disputes and strained relationships among family members.
from24/7 Wall St.
3 months ago
Miscellaneous

My daughter is upset that we gave my son money for a down payment but won't give her one - is she right?

The fairness of parental financial support can depend on individual circumstances rather than a one-size-fits-all approach.
from24/7 Wall St.
3 months ago
Miscellaneous

My parents want to disperse $200k of her inheritance early to my sister. I don't think this is fair at all - what can I tell them to reconsider?

Unequal financial treatment among siblings can create conflict.
Honest communication about financial matters is necessary to prevent disputes.
Any early asset distributions should be clearly accounted for in estate planning.
from247wallst.com
3 months ago
Miscellaneous

My sister manipulated my mom to pay off her $33k credit card debt before she died. How can I deduct that from her inheritance?

Financial support to one sibling over another can lead to disputes and strained relationships among family members.
from24/7 Wall St.
3 months ago
Miscellaneous

My daughter is upset that we gave my son money for a down payment but won't give her one - is she right?

The fairness of parental financial support can depend on individual circumstances rather than a one-size-fits-all approach.
from24/7 Wall St.
3 months ago
Miscellaneous

My parents want to disperse $200k of her inheritance early to my sister. I don't think this is fair at all - what can I tell them to reconsider?

Unequal financial treatment among siblings can create conflict.
Honest communication about financial matters is necessary to prevent disputes.
Any early asset distributions should be clearly accounted for in estate planning.
more#sibling-rivalry
fromBusiness Insider
4 months ago
Writing

My late husband retired at 40. Now I'm teaching our sons his investment strategies and frugal ways.

Financial harmony can be challenging but is essential for a family's future.
fromIndependent
4 months ago
Miscellaneous

Your personal finance questions - What is a tax-efficient way for me to buy my daughter a starter home from savings?

Gifting a home to your daughter now can be tax-efficient and beneficial for both parties.
#childcare
fromBusiness Insider
8 months ago
Business

Why healthcare and childcare likely aren't going to get cheaper anytime soon

Healthcare and childcare costs have significantly increased since 2000, impacting families' savings and income.
fromIndependent
8 months ago
UK news

'It's so demoralising' - parents to face hefty increase in creche fees

Dublin childcare centres are increasing fees after exiting government funding, leading to unexpected financial burdens for families.
fromBusiness Insider
8 months ago
Business

Why healthcare and childcare likely aren't going to get cheaper anytime soon

Healthcare and childcare costs have significantly increased since 2000, impacting families' savings and income.
fromIndependent
8 months ago
UK news

'It's so demoralising' - parents to face hefty increase in creche fees

Dublin childcare centres are increasing fees after exiting government funding, leading to unexpected financial burdens for families.
more#childcare
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