Family Life
An abundance of childcare is the #1 difference between sane and insane parenting.
The Much-Heralded Return of ADVICE TIME
Parents think they can hand children permanent confidence—like a gift—by praising their brains and talent. It doesn’t work, and in fact has the opposite effect. It makes children doubt themselves as soon as anything is hard or anything goes wrong. If parents want to give their children a gift, the best thing they can do is to teach their children t... See more
Carol Dweck • Mindset: The New Psychology of Success
Save early and late. For many families, surging on TSP/401(k)/IRA before peak child experiential years then reducing retirement savings to boost memory-making expenditures during the Kid-span followed by maximizing saving after the Kid-span is a great way to harness the power of compounding.
Think about it this way—if you’re already at or above glidepath for your retirement needs, will spending $10K more on vacations for 10 years instead of investing $10K more in the TSP knock you off course? We can math that out, but for diligent savers it probably won’t.
Prioritize Roth IRA and taxable accounts.
In retirement, go where the money is: work. Few of us want to age in place at our workplace, but stepping out of the workforce early isn’t inherently virtuous either. What if the bill-payer for the Kid-Span is working a few extra years?
Prioritize. It’s probably going to be a brutal few years in the housing market. The days of cheap mortgages to buy reasonably priced McMansions may be in the rearview mirror for now. Can you tolerate less house to have a better Kid-span?
Discipline your dollars.
“Speak to your children as if they are the wisest, kindest, most beautiful and magical humans on earth, for what they believe is what they will become.”
-Brooke Hampton
“All feelings are welcome; all behaviors are not.”
Dr. Becky Kenney shares three lines you can say to anyone that opens a door for them to talk more. The beautiful first line is, "I'm so glad you're talking to me about this."
“It is the most beautiful first line to say to someone when they’re upset because what you’re deeply saying to them and how they receive it is “I am interested in the part of
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