Maximizing Income While Balancing Family Life

This chapter explores financial strategies for young couples, especially those expecting a baby, highlighting the need to make effective income decisions. It emphasizes the importance of a financial cushion and the pursuit of side jobs to achieve long-term stability while navigating the challenges of parenting.

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Ken Coleman and Jade Warshaw answer your questions and discuss:

"Should there be a cap on credit card spending or is it not necessary as long as 15% is saved?"
"I sold my home and cashed out my retirement. I still have $63,000 in credit card debt and no way to pay it off"
"How do we get ahead while living paycheck-to-paycheck?"
"My girlfriend hasn't paid me back the money I loaned her,"
"My husband entered into a debt consolidation program without me. Is there a way for us to get out of this?"
"I leased a car and now owe $50,000 in mileage fees. I'm trying to settle with them but they won't send anything in writing"
"My girlfriend is pressuring me to buy a house, should I listen to her?"
"Is it okay to encourage my wife's family to sell their property?"
"My fiancée and I make less than $1,500 month, how do we get by with so little income?"

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