Category - Budgeting

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Fathers Sue for More Parental Leave
2
Spending a lot of Money on Sports for your Kids?
3
Don’t lose everything…financial planning for the unexpected
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Why track expenses?
5
Are Two Heads Always Better Than One?

Fathers Sue for More Parental Leave

Father’s Day has just past and once this holiday has ended, many fathers return to business as usual at home and on the job.

We once wrote about that “Fathers Are Reluctant to Take Paternity Leave” and while that may still be the case for some, things are changing. The Washington Post recently reported on “How a dad’s lawsuit against JP Morgan Chase could lead to more parental leave elsewhere” and while this is the first such case in recent years, it is a very high-profile one. JP Morgan Chase will end up paying $5 million …

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Spending a lot of Money on Sports for your Kids?

The post Spending a lot of Money on Sports for your Kids? appeared first on Yardley Wealth Management, LLC.

I read a very interesting article recently about spending for school and club sports for teens and pre-teens.

Apparently, the amount that parents spend for their children on sports keeps climbing. Many spend thousands of dollars a year for their kids to play on elite teams. The goals are to get elite training and play with other really good players so they can get some sort of college scholarship.

TD Ameritrade did a survey and found that 40% of parents …

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Don’t lose everything…financial planning for the unexpected

I love those articles that tell you everything you’re doing is wrong. Lifehacker had a decent one yesterday on how to wash your hair, swallow pills, do laundry, etc. One of the things you may be doing wrong is your will.

You do have a will, right? If so, you’re the exception to about 75% of the people I see. I see it so often that I have developed a boilerplate recommendation to include in my client reports. So don’t pay me to tell you what you already know! Get a will, health care advanced directive, and powers of attorney …

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Why track expenses?

One of the primary things that we suggest to clients is to track expenses. In some cases, this means noting down each expense as you make it, daily, so that even the incidental cash outlays are tracked. Another way to do this is to use an automated method, one of the many apps available, to monitor your expenses through your credit card and bank accounts. Either way, when you track expenses there are a couple of outcomes that can have a positive influence on your financial life. The first is that you become more aware of each outlay of money,… Read More

Are Two Heads Always Better Than One?

If you’ve ever had a roommate and/or been married, you know how hard it can be for two people to work together for what is (hopefully) a mutually beneficial goal. Whether it’s to save money on rent, or simply because you love and want to build a life with someone, we enter into these interpersonal arrangements with the best of intentions to compromise with and respect our partner to achieve the best possible outcome.

Yet, based on the estimated 50% divorce rate in America, those intentions clearly don’t always pan out.

Why, then, do we think that a business partnership …

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