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Most recent articles in the category Finances

Cost to Raise a Child

The new figures regarding how much it costs to raise a child from birth through high school are out, and before you read the figure you might want to sit down or maybe brace yourself against something sturdy.
So What is the Cost of Raising a Child? $291,570.
Don’t panic. Let’s put this into perspective. This amount [...]

Save Money, Save the World

My friend lives in what can only be described as a “McMansion.”  I’ve heard that term applied to huge houses that have entirely too much space and impressive features, usually including two or three SUVs parked in the spacious garage.
A couple of years ago she was an avid consumer. She would pack her baby up [...]

Saving for Baby’s College versus Saving for Your Retirement

I don’t have a very substantial savings account for retirement.  When I worked before my daughter was born I contributed to my 401(k) like clockwork, but when I came home to be a stay-at-home mom I rolled my funds into an IRA and then let it sit there.  It’s been bruised and battered as the [...]

New Legislation May Help Parents of Autistic Children

A new bill in the Virginia General Assembly may help parents with autistic children. House Bill 83 would require insurance providers to cover costs associated with treating autism. The cap for treatments has been set at $36,000 per year.
According to the Autism Society, the cost for medically treating an autistic child could cost [...]

Foreclosure for an Extreme Makeover Family

I’ve only watched the Extreme Makeover: Home Edition once, but since I spent a couple of years working in the mortgage industry one of the first things that popped into my head was this: “How are these people going to deal with the higher taxes?” Whenever a home improvement is done the home appreciates in [...]

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