RESOURCES
Useful Articlesand Resources
What Is a Budget?
By Jay Zigmont | Jan 16, 2024
For many people, the word “budget” has some negative connotations. It’s very easy to think of your budget as the tool that tells you what you can’t spend, but the truth is that a budget tells you what you can spend, too. A budget simply gives your money a job, and without one, money comes […]
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How do I set goals for my finances?
By Jay Zigmont | Jan 2, 2024
It isn’t enough to just earn money and pay your regular bills. It’s also important to have larger financial goals to work towards. This is especially crucial if you want to lead a meaningful life as a Childfree or permanently childless person. Here’s a few considerations – and important questions – to ponder as you […]
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Reflecting on 2 years of serving Childfree people
By Jay Zigmont | Dec 29, 2023
When I created Childfree Wealth two years ago, I never could have guessed what it would turn out to be. It started with a simple observation – nearly all financial planning assumed you do, or will, have kids. Having kids is built into the basic assumptions of financial planning. Having kids and focusing on passing […]
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What do I need to do taxes for my side gig or small business?
By Jay Zigmont | Dec 26, 2023
The increasing viability of remote work and the booming gig economy have meant that more and more people have a side gig, or have even taken the plunge to start their own fully fledged small business. Unfortunately, with a side gig or small business, comes questions about how to handle taxes. Here’s what to know […]
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When Should I Ask for Financial Help?
By Jay Zigmont | Dec 19, 2023
It’s possible that you’ve never consulted with a professional about your finances before. So how can you tell when it’s time to ask for help with money matters? If you have to ask, it’s probably a good indication that it’s time. Keep reading to learn a few instances when it pays to get a professional […]
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What’s the difference between W-2 and 1099?
By Jay Zigmont | Dec 5, 2023
Filing taxes is all about taking the numbers off various forms and plugging them into the right places. Two forms that you’ll hear referenced are form W-2 and form 1099. What’s the difference between these two forms and the type of work (or earned income) that they describe? There are a lot of differences, and […]
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Long Term Care for Childfree Individuals
By Jay Zigmont | Nov 23, 2023
Who is going to take care of you when you get old? – You are. If you are Childfree, chances are that someone has asked you this question. The question itself is loaded, as it implies that they are counting on others to take care of them. As Childfree people, we know we need to […]
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What is a High Yield Savings Account?
By Jay Zigmont | Oct 31, 2023
A savings account is an extremely common type of bank account, and it’s a great place to keep cash you need easy access to (such as your emergency fund). You can add or withdraw money from a savings account any time, which isn’t the case for every type of bank account. But you have options […]
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I Have Stock Options, What Should I Do?
By Jay Zigmont | Oct 24, 2023
If you get a new job, you may be offered stock options when you are hired. But what are employee stock options, and what impact will they have on your finances? What are employee stock options (ESOs)? Employee stock options (or ESOs) can be offered as a part of compensation when you get a new […]
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What Employee Benefits Should I Take?
By Jay Zigmont | Oct 18, 2023
New jobs come with all sorts of perks that you can opt into (and pay for, in many cases – but your employer often subsidizes a large part of the cost). For benefits like insurance, you can generally sign up when you start your job, and your coverage will begin after a waiting period, sometimes […]
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