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What’s Up with the Labor Market?

Thank you for sharing! 755 shares Share Tweet Pin LinkedIn Reddit Email Print Mix The April Employment Situation released on Friday left a lot of people scratching their heads. From businesses who are struggling to hire despite millions on unemployment to economists who expected 4x as many jobs to be added by employers, how can…

10 Revealing MLM Statistics No One Ever Tells You

You just got a DM from a friend from high school you literally haven’t seen or spoken to in a decade… and before they’ve even finished their schpiel, you’re wondering, “Is this an MLM?” MLMs, short for multi-level marketing businesses, also known as network marketing or direct sales, and sometimes less favorably (and inaccurately) referred…

What Does the Average Family Budget Look Like?

When it comes to an example of a family budget, there is no one size fits all answer. I frequently get asked “What are the average monthly expenses for a family of 4?” or “What does the average family spend on groceries every month?” And that is the data I went searching to find and…

10 Best Things to Buy At Costco

When it comes to saving money on groceries, I swear by two things: meal planning and Costco! For families, you can save tremendously on your grocery budget by buying right and buying in bulk… and there’s no better place to do it than Costco. Just before the holidays, I asked my Instagram followers what are…

Women & Money: 10 Facts We All Should Know

While there’s endless discussion today of the gender wage gap, the reality is women’s financial gains over the last 100 years have been astronomical. There is no doubt there are still gaps to close – but the area where women fall behind the most? It isn’t in earnings as much as it is knowledge, literacy…

Do the Rich Really Pay Less In Taxes Than Other Americans?

Tax the rich has become a popular political mantra. It’s an ancient political strategy that leverages a popular villain to gain the masses support. And it’s further fueled by a repetitive soundbite we hear over and over – that billionaires pay less in taxes than their secretaries. Or that specific ultra-wealthy individuals paid no taxes…

3 Reasons Net Worth is the Smartest Measure to Track for your Family Finances

How do you track your family finances? And more importantly, how do you track your progress to your financial goals, beyond just your income and paying your bills every month? The answer is net worth. Learn more about the definition of net worth, why it’s the smartest measure for tracking your wealth, and how shifting…

Awesome Finance Books Every Woman Should Read

The most successful people in the world all have one thing in common: they never stop reading. Having previously shared what I consider the best books about finance, many of you expressed interest in reading and discussing them together, as well as having regular recommendations on finance books to read. And so last year, the…

Busy Moms Budgeting Tips

How to Keep Money Problems Out of Your Marriage

Money problems and marriage don’t have to go hand in hand. Learn how this simple solution can keep money problems out of your marriage for good. How many of you struggle with money problems in your marriage? I have a secret for you… you are not alone. Very few marriages are free of money problems.…

10 Different Ways 2020 Hurt the Average Family Budget

One of the most popular posts here on Family Finance Mom is the example of a family budget, based on the 2018 Consumer Expenditure data released annually by the Bureau of Labor Statistics. This month, the BLS released the data for 2020, giving us a detailed look at just how 2020 – with the pandemic,…

How to Calculate How Much House I Can Actually Afford

First time homebuyers, and even experienced homebuyers who may be buying in a new area or buying into a higher price point, often ask me how much house they can really afford or how much of their income their mortgage should be. The key to answering these questions is understanding that the total cost of…

Save More Money

Savvy Shopping with Groupon Coupons

This post has been compensated by Groupon Coupons. All opinions remain 100% my own. Financial savvy is not only about saving money. It’s also about spending money wisely. This month’s Financially Savvy Friday topic is Savvy Shopping. To kick off the topic for the month, I’m going to give you the inside scoop on Groupon Coupons to save…

Cutting the Cost of Cable

Last month, you made your budget, and (gasp) realized how much you actually spend! You might be thinking, I pay HOW MUCH for that?!? I know the first time I went through the exercise one line item that jumped off the spreadsheet for me was cable. I remembered signing up for the ‘Triple Play’ to save all this money,…

6 Holiday Gift Giving Ideas for Big Holiday Savings

We can’t play Santa to everyone during the holidays. While our shopping list might seem as long as his, we don’t have unlimited funds, an army of elves, and a workshop in the North Pole cranking gifts out all year. From extended family and friends, to teachers, neighbors and co-workers, the list to buy for seems…

Investing for the Future

Monday Market Update 11-22-2021

The stock market had a bit of a seesaw ride last week, moving up and down from day to day as varying economic releases left investors with an uncertain economic outlook. October retail sales were better than expected, but housing starts were worse. Friday, the House of Representatives voted to approve the $1.85 trillion Build…

20+ Awesome Holiday Gift Ideas for Investors

For all of you who have been here awhile, you know I don’t often make product recommendations. But since its the season of gifting, I thought you might all appreciate some financially savvy gift ideas. So here are my top gift ideas for investors (and all of you who want to be investors soon too!).…

Monday Market Update 11-15-2021

The stock market had its first down week in over a month, as inflation concerns became front and center again following the highest CPI increase in over 30 years. We also got an update on the demand side of labor – job openings – for September, and most of the rest of Q3 earnings season.…

Teaching Kids About Money

How American Student Loans Morphed from a Hand-Up to Hopelessness

The Federal Student Loan program first began in 1965. It was intended to make student loans accessible to all, to make the American Dream – going to college and earning more money – possible for everyone. A Federal American Student Loans program was supposed to be the great economic and opportunity equalizer… but somewhere along…

How To Get Personal Finance Classes in Every High School

There are two things I hear consistently from Family Finance Moms on a daily basis: I wish I had learned this when I was in school. How do I make sure my kids learn what I didn’t about finance? The way to address both of these is simple. Personal finance classes in every high school…

20 High School Seniors Ask: How to Prepare for College Financially

I remember my college search process, the campus visits, and final choice like it was yesterday… my thought process went something likes this: I deserve to go anywhere that accepts me. Cost barely registered in my decision-making – and certainly not because my parents could afford it. My mom just kept telling me “we would…

Save Money with Meal Planning

Lazy Mom’s Quick and Easy Shepherd’s Pie

One of my favorite, go-to meal plan ideas for Fall and Winter is Shepherd’s Pie… but seriously, who has time to cook the filling, make mashed potatoes, put it all together, and then, bake it all over again??? Here’s how I make all the same flavors happen in 30 minutes or less for a quick…

10 Best Things to Buy At Costco

How to Save Money At the Grocery Store

When it comes to budgeting, many families struggle with sticking to their food budget every month. There are lots of ways to lower your monthly grocery spend: you can save money on groceries by meal planning, eating in instead of eating out, but you can also learn how to save money at the grocery store…

Chaos is Costly: Family Organization

Budgeting Your Time to Maximize Your Mom Schedule

If you’re a busy mom who feels like your days are passing in a blur, while your to-do list grows faster than you can ever seem to keep up with, this one’s for you. While it may seem as a stay at home mom in particular, you should have all the time in the world,…

How to Protect Your Children: 10 Things to Know About Will vs Estate Planning

No one likes to think about their own mortality. However, once you have children who depend on you, it becomes essential. If something happens to you, what will happen to them? How do you make sure they are protected and financially provided for? I was recently asked about wills during a weekly Ask Me Anything…

The Ultimate Guide to Finance for Baby’s First Year

Congratulations, your precious baby is finally here. Now the real fun begins! While you may have purchased everything on your baby registry list, there are many family legal and financial tasks you cannot actually begin until your baby arrives, and some come with significant time sensitivity. So even if you’ve been preparing for a baby financially…