What We Spend The Kids Are Grown — Now What?
Jul 9, 2025
As Molly prepares for her youngest child to head off to college, she grapples with the bittersweet emotions of becoming an empty nester. The conversation touches on the financial aspects of supporting children through education, capturing the balance between aiding their independence and managing personal finances. Exploring the complexities of selling a family home, the podcast highlights the poignant memories tied to it. Listeners are also introduced to important themes of future planning and the emotional challenges that come with significant life transitions.
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Paying Full Tuition for Kids
- Molly pays full tuition for her three kids with no scholarships or financial aid.
- She values graduating debt-free as a significant privilege and gift to her children.
Prioritizing Meaningful Expenses
- Molly prioritizes spending on travel, health, and education as meaningful expenses.
- Her health battles motivate her to enjoy life and travel now instead of waiting for retirement.
Household Expenses Breakdown
- Molly’s household expenses include mortgage, taxes, utilities, food, and insurance totaling several thousands monthly.
- Her son’s car insurance is notably high due to his age and driving status.