Best of Personal Finance with MoneyNing – September 2009

by MoneyNing · 17 comments

Honey, I feel strange… no…. it’s a newborn…. oh…. it’s a girl!

Times really flies. It only seemed like yesterday when we found out about our little one and Emma is starting her 17th week of pregnancy today (at least according to my calculation, as the doctor said she was 16 weeks and 6 days yesterday… ah, the ignorance of fathers). We also found out that it’s a girl! Yay! Time to spread the news that pink is going to be next year’s color in the Ning household.

Articles from September You Shouldn’t Have Missed

As always, I try to highlight some of the articles that you should find interesting. Here are ones for the month of September.

Kids and Money

Frugal Living and Spending

Budget Travel

Retirement and Investing

Productivity and Others

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{ 17 comments… read them below or add one }

marci October 1, 2009 at 7:13 am

Be prepared to be wrapped around her little finger :)
A little girl’s daddy is ALWAYS to be found in that position :)

Happy Life!
Enjoy the anticipation!

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MoneyNing October 1, 2009 at 9:52 am

Little fingers is right! We saw the ultrasound yesterday and they said that the head is only one cm, so imagine how big those fingers are!

(we did see all ten fingers though when they enlarged the picture)

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CD Rates Blog October 1, 2009 at 7:35 am

Pink is a beautiful color. Congrats on the 1st being a girl. Now, our oldest daughter’s (almost 16) favorite color is black. Although at least yesterday she added a splash of orange.

Our 2nd girl (also our youngest) still loves pink, but moving closer to purple and red. She just turned 7.

cd :O)

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MoneyNing October 1, 2009 at 9:53 am

I have tons to learn from you so keep your email inbox open for questions :) I’m sure our family will all start to love pink pretty soon!

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CD Rates Blog October 1, 2009 at 10:37 am

My email will be open. You can send me one anytime.

I don’t want to be stereotypical, but girls are a lot different then boys. With girls, life is generally on a relational/emotional level. With boys it is physical/ risk&reward.

A favorite example. A boy goes of a bike jump, narrowly avoiding death. Ends up with Cuts and Bruises. The boy thinks, how can I do it better next time. For girl, she may not even go over the jump because she has already calculated the likelihood of injury. If she does go over the jump, after the crash she realizes that is an activity best left alone. :O)

Keep in mind, my girls are quite different. One is certainly tom-boyish. She likes to hang with the boys and rough it up. But life lessons are still dealt with emotionally. For a dad, that is quite difficult. Numerous times she has run upstairs crying. And I’m like what did I say. My wife just gives me that look. :O) My other girl loves dresses, tea parties, etc. She is a girly-girl.

When raising kids, mentors and parents are great resources. If nothing else, they help you realize you aren’t insane. My biggest tips would be: 1) set high expectations and have a high expectation of them being met 2) have a firm hand, but give lots of hugs & praises.

Kids do rise to their expectations and they do actually (although they won’t admit it until they are 30 or so) appreciate firm boundaries.

Well that was longer than expected. :O)

BTW, just thought of an extra bit. We taught our later children to sign for common things before they could speak. It turned out to be a great way to keep whining down and eased frustration on both sides of not being able to communicate verbally.

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MoneyNing October 1, 2009 at 2:48 pm

Free advice! I’m so honored! I will try to think of the emotional side more when I talk to my daughter when the times comes (side note: it feels so strange when I type “my daughter” for the first time…)

Also, what do you mean by “to sign for common things before they could speak”. Do you mean asking for permission before they disagree with your point of view?

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CD Rates Blog October 2, 2009 at 6:45 am

By signing, you teach them sign language for common things such as more, please, drink, eat, etc. Babies understand you long before you understand them. Sign language helps bridge that gap.

cd :O)

Moneymonk October 1, 2009 at 10:31 am

A girl !!!

Start getting those pretty little clothes ~

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MoneyNing October 1, 2009 at 2:49 pm

Grandma and grandpa is on vacation right now and already at it. There’s no need to worry. :)

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Brian October 1, 2009 at 10:51 am

Congrats!!!

I’m getting old myself and kids seems so far away in my future, heck i’m not even married yet. Your news does make me feel happy for you and kinda jealous. Best of Luck.

@CD rates
I agree on the having high expectations and your kids appreciating them when they’re older. I’m almost 30 and my parents had low expectations of me and all through school I always did the minimum and never raised to my potential. Somehow after slugging along in life, I found my own drive and realized I was selling myself short by only meeting my parts small expectations. I finished university, but still have the tendency to not ‘follow through’ with decisions in my life.

I wish my parents held high expectations and had a heave hand that I met them.

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David@DINKS Finance October 1, 2009 at 9:33 pm

Congrats again on your baby!

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Wilson Pon October 1, 2009 at 10:17 pm

David, it’s very hard to express your feeling, especially when you’re going to be a parent for a newborn baby girl, isn’t it? Well, now it’s the best time to decorate the baby’s room now…!

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MoneyNing October 2, 2009 at 12:41 am

We are actually moving today (more like when I wake up but it’s past midnight already) so after we settle in, we will start decorating I’m sure!

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Patrick October 2, 2009 at 6:58 pm

Congrats! Our daughter turned 3 months old last week. It is amazing to watch her grow. Your life will never be the same, but I mean that in a good way. :)

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Greg October 3, 2009 at 10:55 am

Congrats on the new MoneyNing addition!

When she is born don’t listen to any advice other than sleep when the baby sleeps! Once that period is over, listen to CD. He is absolutely spot on.

I helped raise over 100 kids while director of day care center for 4 years in a previous life and have 2 of my own. When you draw the line, hold the line. Kids need and want discipline, they just don’t recognize it till they are much older. High expectations are a must but be compassionate if they don’t achieve them. Read to them every day, it will make all the difference!

This will be the single most rewarding experience, treasure it all!

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CD Rates Blog October 3, 2009 at 7:27 pm

Thank you, Greg.

Sounds like you and I could write a book together. My wife does day care also. Rewarding, but a lot of work. :O)

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Greg October 3, 2009 at 8:12 pm

You are married to a saint!

Take good care of her or you’ll find yourself in time out!

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