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Matt Becker
455 followers -
Helping new parents build happy families by making money simple
Helping new parents build happy families by making money simple

455 followers
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Life insurance is the most cost-effective way to make sure that your children will always have the financial resources they need, no matter what. This guide walks you through the entire process of figuring out how much life insurance you need, what type to get, and how to get it without spending any more than you have to. +Mom and Dad Money
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While Roth IRAs are technically retirement accounts, they are incredibly flexible and they have a few characteristics that make them particularly useful for college savings, especially if you're not 100% sure you want to be saving money specifically for education. But there are some downsides too, and in this post we'll explore the pros and cons. +Mom and Dad Money
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Knowing what you want to improve about your financial situation is one thing. Knowing HOW to do it is another. There's a maze of banks, investment companies, apps, websites, and everything else, and deciding between them can feel impossible. Here's a list of 29 of my favorite tools so that you can stop deliberating and start taking action. +Mom and Dad Money
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My wife and I had hit a breaking point. We were consistently making more than we needed each month, but we still couldn’t seem to get a handle on everything. We weren’t on the same page, unexpected expenses were regularly throwing us off track, and our savings were shrinking rather than growing. Then we decided to try YNAB, and everything changed. +Mom and Dad Money
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Health savings accounts are a fantastic tool. They are actually the ONLY type of account that lets you save money completely tax-free. But finding a good one can be difficult. There are a lot of variables to consider and it can quickly feel overwhelming. So here are the steps I took to find the best health savings account for my personal needs. +Mom and Dad Money
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I remember it well. Walking into Babies R Us, checklist in hand, ready to buy all the things we “needed” for our first-born son. Man, were we clueless. And man, did we ever overspend! The good news is that you can learn from my mistakes. Here are the only 21 things our newborn kids ever really needed. +Mom and Dad Money
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My wife and I have both been self-employed for a few years now, which means that we've been on our own when it comes to finding health insurance. The learning curve has been steep, but over the years I've honed my process and whittled it down to five key variables that I look at every single time I have to make this decision. +Mom and Dad Money
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My wife and I have all our investments with Vanguard. IRAs. College savings accounts. Regular investment accounts. They're all there and they're all invested in Vanguard funds. Now, this isn't the right way to go for everyone. Depending on your specific goals and needs, you may be better off somewhere else. But it's right for us and this is why. +Mom and Dad Money
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The Coverdell ESA is probably the least understood and most underutilized of all the college savings accounts. In the right situations it offers most of the same tax benefits as a 529 plan with some additional flexibility to use the money tax-free in a wider variety of situations. Here's an overview of the benefits and limitations. +Mom and Dad Money
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It's almost the end of the year, which means family, friends, stress, fun, and everything else. It's also a great time to take stock of your financial situation. But let's face it: you don't want to spend the holidays thinking about money. So here are 10 moves you can make right now to set yourself up for financial success in the coming year. +Mom and Dad Money
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