Happiness is having a video-capable cellphone in your pocket when your three and five year old sons discover a rack of auto-inflating Whoopie Cushions in the toy aisle at Walgreens. The beauty of these ‘next-generation’ Whoopie Cushions is that, as their name suggests, there’s no need to reinflate them between uses — just get up [...]
Archive for the ‘Family & Life’ Category
Happiness is…
Filed under: Family & Life
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Sandwiches by the Loaf
It’s that time of year again. The kids are back in school and it’s time to once again start packing lunches. This is actually a good thing for me, as it gets me back into the habit of packing a lunch for myself every day — I tend to backslide on this during the summer, [...]
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Kids & Money: Tweaking our Allowance System
I’ve written previously about the allowance system that we implemented for our kids, and I just thought I’d post a quick update as to how it’s been working, as well as how we’ve tweaked the system since we started. First off, I’d have to say that the system that we created is working quite well. [...]
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We Need a Will
My wife and I have been making do with a pair of old, do-it-yourself wills that I prepared using an old version of WillMaker (formerly from Nolo Press, now an Intuit product). To give you an idea of just how old this software is, it’s not even Y2K ready — the last time I updated [...]
Filed under: Family & Life, Planning
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Kids & Money: Learning to Save
I just ran across a report from Montana State University on teaching your kids about finances. It’s a bit over a year old, but it’s short and worth a read. According to the article, only 7% of parents think that their kids understand financial matters (however that’s defined) and 30% of kids report that their [...]
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Kids & Money: Long Term Savings
I previously wrote about how we’ve gone about setting an allowance for our kids. Briefly, starting at age five they get $0.50 per year of age per week, and this (along with all other money coming in from gifts, etc.) gets divided into one of four pots — spending, short term savings, long term savings, [...]
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Kids & Money: Setting an Allowance
A recent post over at AllThingsFinancial prompted me to reassess the way we handle our kids’ allowances. Thus far, we’ve been pretty lax/inconsistent about allowances, and our oldest son has recently been agitating for a more reliable stream of income. After mulling it over, we’ve settled on a new system.
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Kids as a Tax Dodge
I know that this comes well after tax season, but I somehow neglected to write up something about this sooner. Regardless, it’s never too late to plan for the future… So here’s my advice if you want to minimize your tax liability in the coming years: have kids (or have more kids). That’s right, the [...]
Filed under: Family & Life, Taxes
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The Best Dollar(s) that I’ve Ever Spent
A few weeks ago, I taught my son to ride his bike. After too many episodes of running up and down the street holding onto his seat while trying to teach him how to ride, I finally wised up. We live on a slight incline and I told him that he needed to practice coasting [...]
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From the Mouths of Babes: Made in China
Not long ago my seven year old son made an incredibly astute observation about the current state of the US economy. He was reading the label on some sort of a package when he said “Daddy, this thing was made in China.” He went on to say that “They must make really good stuff in [...]
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