RESOURCES
Useful Articlesand Resources
How Do I Negotiate My Debt?
By Jay Zigmont | May 31, 2024
If you’re carrying debt and can’t see a way out, you might be considering trying to negotiate your debt. If you’re successful, you may be able to settle your debt for less than you owe. And while you may end up with a black mark on your credit, it will certainly be less damaging than if you […]
Read More
What is compound interest?
By Childfree Wealth | Jan 30, 2023
“Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” – Albert Einstein Yes, Albert Einstein healthily respected the power of compound interest and, based on the quote above, maybe even revered it. I never met the guy, but I hear he was very smart and […]
Read More
Can I Take a Loan From My 401(K)? (and should I?)
By Childfree Wealth | Jan 28, 2023
For those who want the quick answer: Yes, 401K loans exist with many (maybe even most?) plans! That said, there are lots of rules and pitfalls in taking 401K loans so read further for more information. 401Ks have numerous features that may come in handy, particularly as a last resort. Features such as being able to […]
Read More
A Portrait of Starting Over – Childfree Wealth
By Jay Zigmont | Nov 19, 2022
Betty 38, Female, Pansexual, New York Master’s in History Digital Editor This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Betty is starting over and finding her true self. She started her life working in museums and is now a digital editor. […]
Read More
4 Things Every 20-Something Should Know About Money
By Childfree Wealth | Nov 14, 2022
Developing good money habits in your early adult years can help you position yourself for financial stability and better grow your wealth over time. The sad truth is that many young adults in their 20’s are unaware of how to best manage their money and will often regret the monetary decisions they made in their […]
Read More
A Portrait of Getting Started in Childfree life
By Jay Zigmont | Nov 8, 2022
Aurora 26 years old, Single, Female, Texas College Courses in Information Technology Implementation Analyst This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Aurora is 26 and has recently chosen to be Childfree. She is working through what that means to her […]
Read More
Struggling With ‘Lifestyle Creep’? These Tips Can Help
By Childfree Wealth | Nov 8, 2022
You just got a raise at work or a new higher-paying job? Congratulations! It feels wonderful to have more money coming into your household, and if you’re Childfree, you can spend that money in any way you wish. But making more money can be a double-edged sword. Why is this? Two words: lifestyle creep. Lifestyle […]
Read More
4 Common Money Mistakes and Bad Behaviors
By Childfree Wealth | Oct 31, 2022
Being financially literate means that you have a good grasp on your finances and have what are considered positive financial habits. Maybe you contribute to your retirement savings accounts regularly, keep an emergency savings fund on hand and work hard to pay down debt because you understand the consequences of accruing interest. On the other hand, there are some common […]
Read More
Live Alone? Here’s 5 Tips to Manage Your Costs
By Childfree Wealth | Oct 27, 2022
The Childfree life certainly comes with many advantages. One of the biggest for me personally is the ability to live in a way that benefits me, without regard for children’s needs. If I had kids, I would have to consider not only the physical location of where I live (I hear that school districts are a thing […]
Read More
Should I Combine Finances with My Significant Other?
By Childfree Wealth | Oct 17, 2022
One of the steps of furthering a relationship is deciding how to combine finances, if at all. More costs are joint as two people’s lives get closer together, including housing, groceries, phone bills, utilities, and all kinds of other expenses. But these expenses can cause tension in relationships if not handled properly and without a clear understanding […]
Read More