wait to have kids

I read an article recently that centered around statistics that indicate Millennials (the generation born between roughly 1980 and 2000) are waiting longer to have children.

One of the main reasons they give for waiting is their financial situation. Or more specifically, how much debt they’re in or how much money they want to save.

More than any previous generation, Millennials are ladened with thousands of dollars in student loan debt and less initial wealth when they become independent.

The plan to wait at least a few years after graduating college to pay off loans, and settle into a career before having children. makes sense financially. But does it really make a difference?

Before making the decision to wait to have kids until you can afford them, make sure you understand the entire situation. Here are a few pros and cons.

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eating out
Probably the most common piece of personal finance advice out there is to save money by avoiding restaurants. It sounds so simple: just don’t eat out and cook at home or brown bag it. Lots of people do it and have no problem with it.

But, for some people, it can be tough.  I touched on this last week on my post about spending frenzies; we all have our own weak spots when it comes to personal finance and what can be no sweat for one person can be a real test of willpower for another.

Here are some suggestions that can help you if you find it difficult to avoid the temptation to eat out. My approach to personal finance is holistic; I believe that other areas of our lives can affect our personal finances and becoming as healthy, balanced and happy as possible as people can empower us to take charge of our money. So bear with me if some of my ideas seem a bit out there.
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Just Google the term “get rich” and you’ll see a ton of results for ways to get ahead as easily as possible. And it’s not just get-rich-quick schemes too. There are now a growing number of legitimate money-making opportunities on and offline.

Still, there’s a gap between the number of people obsessed with getting rich and those who achieve this elusive benchmark. After all, the road to wealth is filled with hurdles — whether circumstantial, mental, or emotional.

Circumstances can be hard to overcome, but I think our biggest problem sits between our ears. You can be in the right place at the right time, with everything going for you, and still not get ahead. If desire and even circumstances aren’t enough, how do you know you’re prepared to get rich?

I think these seven signs can be good indicators:
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used furniture

Used furniture can be a practical way to add to your home’s decor without breaking the bank. While the phrase may conjure up some idea of a couch found next to a dumpster or an ugly dresser handed down just in time for your first apartment, the fact is that it’s possible to find high quality used furniture that has little more wear and tear on it than the floor model at the brand name furniture store.

But many used furniture sellers know exactly what they have on their hands, leading to prices that are not so far off from what a brand new sofa or dining room table might cost you. That means finding the right deal can take a little work. These 10 tips can make it easier:
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frugal friends

During the frugal week when I spent just $34.01, I discovered just how great walking is for the mind—and the wallet. I told myself that when my wife came back, I’d need to include her in this new activity. Last night, we went out for a nice walk and it was fun, healthy, and a great chance for us to communicate. This got me thinking…

Isn’t the most effective frugal tip to actually influence people around you to be thrifty?

I realized that our circle of friends actually help us save money much more than we assume it does. The way I see it, here’s how cultivating a circle of frugal friends can help improve your finances:

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Bursting the love bubble by sitting down and having a serious talk about finances is never fun, but open communication about money is a good idea in any relationship.

Those thinking of tying the knot should have a serious discussion about money at some point, preferably before you move in together or get married. Even if there are no plans to combine finances completely, it’s still good to clear the air and see if everyone is on the same page.

Here are five things that to talk about before moving forward:
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