HIP Monthly Round Up {March 2017}

HIP Monthly Round Up (March 2017)

I am a firm believer in looking at a lot of different viewpoints. If we only reinforce our own views, how can we grow? If you search only for knowledge with which you agree, you become to focused and disconnect from other people.

There are so many awesome bloggers and people sharing their lives and ideas around the world. I try to curate the articles and posts that others write that would pertain to the target reader here. Parents, high income earners and those that fall in both category will benefit from the other articles listed here in a new feature I call the HIP monthly round-up.

 

Spring is in full force in the southern part of the U.S. and getting close to feeling like summer already.  Spring training has started and I probably have another year of mediocrity to look forward to with my Houston Astros. It is nice to get outside and do some yard work and run around with the kids even if the oak pollen is tearing my sinuses a new one. 

Lets Get To It

March HIP Roundup

So lucky to find a wagon with this written on it 🙂

Mustard Seed Money had a guest post by Amy Nickson offering ways to raise kids without incurring debt.  Kids are a big focus here at HIP and they tend to be expensive.  If your priority is to have a full time parent caregiver for your children, having one parent stay home can create a financial burden.  There are several strategies to minimize the impact and still achieve your financial goals.

I don’t think this is a binary process though. Well educated professionals that have a history of high income earning capability can always get back out there and do well compared to the general population if they decide to return to the workforce once a child is older.  Check out the conversation at How Can Parents Raise A Child Without Incurring Debt?

 

WEBZ 91.5 Chicago has been taking financial questions this month and the topic of saving for retirement verses your childrens college came up.  Their expert wanted to emphasize the priority of saving for your own retirement first.  You can listen to the show at Should You Save For Your Kids’ College Or Your Own Retirement?

 

Over at ValuePenguin they published 10 Books for Four Stages of your financial life. Every book on there is great! You just got your reading list for the year. No need to thank me. 10 Books for Four Stages of Your Personal Finance Life

 

Nick over at Side Hustle Nation posted The Top 40 Business Ideas for Kids. These will give you great ideas about helping your children explore managing a business and finances. Entrepreneurship is also a skill that will help them regardless of the career they ultimately choose. Try to implement one or many of these and you will be spending quality time with your kids and teaching them about business at the same time. A Win/Win!

 

ESI Money stepped up and gave us a great idea for incentivizing our kids to make great financial decisions with their college educations.  This is a post from last year and I am a little late to the game, but I thought the message was great.  Check it out at Managing College Costs by Offering an Incentive.

 

M$M (a.k.a. Millennial Money Man) asks his readers, Should parents pay for college? He has some great insight and some front line experience coming from a teaching background.  Join the discussion over at Millennial Money Man.

 

A Month in Review

I just want to thank everyone who has read my articles thus far. It has been a great first month. I hope that my writing has progressed and that the subject matter is helpful. I want this to become a resource that you can refer to when you have a question pertaining to your finances and how they relate to your kids.

Over the last week between 25 and 50 people have been stopping by. I hope you like the look of the website and how it is organized.  Most of the photography is from my wife. She is amazing as far as I’m concerned (not only in the photography realm, but pretty much in every way).

Some goals in the coming months are to get the scholarship established. I also want to join some affiliates that will help me market products I feel are useful to the readers.  So far most of the links are just that, links to products and pages that have helped me in the past. I hope they help you as well.

My goal for the content is to get a firm base of material that the target reader can sit down and chew on for years to come.  These make for pretty meaty posts and are a little time consuming, but it will be worth it. 

My goal is to make a site that I could have seen 15 years ago and said, “Wow, this is exactly what I need to help me handle my income and take care of my kids financially!”

If there are any topics that really interest you, or I can help, please comment or email me.  I think a lot of the information can span generations, but there may be topics that are more concerning today that I never encountered 15 years ago. Heres looking forward to another great month in April!

 

 

Tom
Tom is a doctor, husband and father of five with a passion for parenting and finance. When he isn't skateboarding, riding BMX, or jumping on the trampoline with his kids, he is reading and writing about personal finance. He helps high income parents educate and mentor their kids to become financially, emotionally, and intellectually self sufficient.

2 Responses to “HIP Monthly Round Up {March 2017}

  • Thanks for the shout out!!! There are so many great bloggers out there I’m always looking for new ones to read. Thanks for sharing!!!

  • Hey when you have great content, you deserve a shout out! Thanks for stopping by.

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