RESOURCES
Useful Articlesand Resources
Do I Need to Buy a House?
By Jay Zigmont | Mar 5, 2024
“You have to buy a house! Owning a home is the key to wealth!” You’ve probably heard these sentiments before, likely from someone who is old enough to remember when anyone could buy a home for their family, usually on just one income, with a blue-collar job and a handful of kids. And often, this […]
Read More
How Do Taxes Work If I Sell My House?
By Jay Zigmont | Jun 5, 2023
If you own a home and then sell it, you may owe taxes on the sale if the home has appreciated in value. There are some exceptions to this, however, and a lot depends on how long you’ve been in the home and how you’re using it. Here’s an overview of capital gains taxes on […]
Read More
What Are Property Taxes?
By Jay Zigmont | May 30, 2023
Property taxes boil down to paying somebody for the honor of living somewhere. And as property taxes fund local services like libraries and firefighting, they are worth paying. A major debate in the Childfree community is over whether it’s fair for people without children to pay for schools that they won’t use, but everyone pays […]
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
5 questions to ask yourself before buying a house
By Jay Zigmont | Aug 28, 2022
The classic advice is that the way to wealth is built around home ownership. This advice is part of the standard script of what is expected. What about if you are living a Childfree lifestyle? Childfree people have more time, money, and flexibility to do what they want. The bottom line is that for us, home […]
Read More
Should I Buy a House with a Friend?
By Childfree Wealth | Aug 12, 2022
Housing prices in much of the country have gotten to be RIDICULOUS! In 2000, the median home price was 4 times the median household income, and in 2022 the median home price is 6.6 times the median household income. Home affordability is at historic lows. Luckily, we have human ingenuity to fall back on, like […]
Read More
A Portrait of Childfree Love
By Jay Zigmont | Aug 2, 2022
Molly 34, Female, Married, New Jersey Bachelor’s in Diplomacy Appraiser James 53, Male, Married, New Jersey Technology This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Molly and James were a pleasure to talk to about their Childfree life. From the start, […]
Read More