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Kids

Helping Kids Start Saving Early

Submitted by Mission Financial Planning on January 20th, 2021

Ask just about anyone about their financial planning and what they would have done differently, and they’ll answer “I wish I would have started saving sooner”.  As parents we’re in a position of being able to keep our kids from having that same regret. 

Tags:
  • IRAs
  • Kids
  • Personal Financial Planning
  • Roth
  • Read more

COVID Cash Flow Check-Up

Submitted by Mission Financial Planning on September 18th, 2020

Financially, it has been an unusual and stressful year.  We are doing a series of “check up” articles to look at different areas of your finances to see what has changed, and what you might need to check up on to be sure your financial plan is still on track.  The focus of this post is cash flow;  many clients’ cash flow was affected significantly this year

Tags:
  • Budgeting
  • Cash Flow
  • Covid-19
  • Dental Practice Financial Planning
  • Kids
  • Personal Financial Planning
  • Small Business Financial Planning
  • Read more

Supporting Adult Children

Submitted by Mission Financial Planning on September 10th, 2020

Grown kids living at home and “sponging” off their parents (receiving financial help) is often the subject of sitcom humor, but in the right circumstances it can actually be helpful.

Tags:
  • Covid-19
  • Financial Therapy
  • Kids
  • Personal Financial Planning
  • Read more

Tax Considerations When Hiring a Nanny / Tutor

Submitted by Mission Financial Planning on July 27th, 2020

With some schools expected to stay closed for a while, many families are considering hiring a nanny or tutor to help care for children while parents work and to help their kids keep learning.  Childcare is expensive.  Average childcare costs range from $17,193 per year in the South to $24,815 in the Northeast – not too different than a year at a public college, we've se

Tags:
  • Kids
  • Personal Financial Planning
  • Taxes
  • Read more

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