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More and more in this economy, kids are moving back home after school after they find that jobs are scarce, or maybe that mom or dad will still do their laundry. … On the other hand, if no job is to be found, it’s still important that your kids pitch in in a way that goes beyond their responsibilities before they started school. … Inter-family finances are not an area that the IRS scrutinizes, however, though you should not try to generate big rental losses on the depreciated second bedroom you rent for $100 to your tenant child.
Category Archives: Money
How much to charge your kids if they move back in with you after graduation?
August 4, 2009 – 8:01 PM
Eight ways to save money you may not have thought of
May 8, 2009 – 7:08 AM
Switch from premium to regular gas : Okay, this one is not for every family car, but if you’re using premium just because you think it’s like name brand whiskey versus bar stock, you may be throwing a lot of money away. … If you have boys, get them in the habit of doing this from an early age and it won’t be an issue until you can tell them it’s a luxury they can pay for with their own kids allowance. … Plan weekly family and kids activities that keep you from spending money on food or entertainment because you’re bored : If you plan a family walk every Saturday morning, you have less time in the day to spend more money and you teach your kids good fitness habits.
Seismic economic shift to create more stay-at-home dads
February 6, 2009 – 3:34 PM
In a recent interview with Seattle Post writer Paul Nyhan , we discussed how this current economic crisis could dramatically change the family dynamic in a way not seen since when women entered the workforce in droves during World War II. … With the recession on the brink of becoming the longest in the postwar era, a milestone may be at hand: Women are poised to surpass men on the nation’s payrolls, taking the majority for the first time in American history. … Women tend to be employed in areas like education and health care, which are less sensitive to economic ups and downs, and in jobs that allow more time for child care and other domestic work.
Stay-at-home dads can make millions doing Fantasy Fishing!
August 21, 2008 – 11:48 PM
Michael, Minn., studying to be a police officer, has won $1 million as the FLW Fantasy Fishing champion.
… Now, this is a concept and I wish I had thought of it before wasting all this time working on GreatDad.com and another full-time business venture. I could have been making millions of dollars in the fantasy sports arena where you “reel in” millions just by drawing cards with fish on them.
Frugal fathers guide to garage sales
August 21, 2008 – 1:11 AM
If you have small kids, you know that every year brings new needs and wants, which means more things outgrown. That includes toys, accessories and clothing. Some things you’ll want to keep, but many things lose their utility very quickly after the stage has passed. I’m thinking toilet training especially. The good news is that a lot of things can be sold easily in a garage sale, and you can use some items to draw more visitors.
