The role of "supportive spouse" is one many claim. Fewer stand out as shining examples. Doug Emhoff, husband of US Vice President Kamala Harris, appears to be a stand out.
One stand-out trait we often see in supportive spouses is self-confidence. And Mr. Emoff appears to possess it in spades.
The Second Gentleman is not the first Vice President's spouse to be an attorney. That was Marilyn Quayle. He's not the first Vice President's spouse to pursue his career, albeit a scaled back one, while his spouse holds office; others have already paved that path. But he is the first man in the United States to be married to the Vice President.
Emhoff recently said, "I understand I am the first gentleman to hold this role, and I certainly do not want to be the last. So I do want to set an example for those in the future who can look back at the way I've approached it, and hopefully that will help them as well." In terms of providing new and unique role models for our children, and ourselves, the Harris-Emhoff team has delivered.
Regardless of your political opinons, feelings and dealings, many are likely to agree that the first Second Gentleman is likely to set a valuable example that others will consider in the future.
Submitted by Lacie Martin
Working parents who want to earn money on the side may want to consider these five ways to make bank.
Establish a Firm Foundation
Whatever direction you choose, starting out properly ensures you don’t get into any trouble with your new venture, and prepares you for future growth. Begin by verifying that your location and vocation don’t require any special permits. Some areas limit where businesses can be established, and some industries require certifications.
Along those same lines, you should also consider forming a limited liability company for your business. In addition to protecting your personal income from your store’s income and liability, starting an LLC can also result in tax advantages and less paperwork. The rules and regulations covering LLCs vary from state to state, although this part is simplified by partnering with a formation service.
And while it might feel like something only a bigger company would require, take the time to draw up a business plan. It’ll help you frame your goals with logical steps, and if you need any seed money, it’ll help to impress lenders.
Working and parenting is a challenge and a little extra cash sometimes enables you to purchase a little peace of mind. Why not look to the Internet for a bank account boost?
Submitted by Amanda Henderson with Safe Children
If your children constantly beg for cookies or sugary fruit juices, it can be hard to figure out how to get them on a path to a healthier lifestyle. It all begins with you. The example you set about nutrition and exercise can help them grow into healthy adults, and the great news is that keeping your kids healthy doesn’t have to cost a fortune. Here are three ways that you can help your kids make healthy choices while sticking to a budget.
It doesn’t take a lot of work to establish healthy habits, and practice always helps them stick. By being a role model for your children and keeping communication open about everything from how much something costs to why it’s good for you, you can lay the foundation for establishing healthy habits that last a lifetime.
Many parents are expressing concern about their kids' educations during the pandemic. They fear their kids are falling behind and not learning as much as they need to. They fear they'll never "catch up". Is this fear reasonable? Or is Is it possible that the pandemic is providing unique opportunities for kids to learn lessons that are more important than those they learn in the classroom?
On a recent episode of the 1A radio show, "The Pandemic is the Worst. What Can We Do to Keep Coping?", Shankar Vedantam, commented (at 25:45 min), "Many parents and many educators make the mistake of assuming that education is mostly about what you learn in school ... There has been a lot of research that shows that ... softer skills are in many ways a better predictor of how people will do over the long term than their cognitive learning, than the stuff that they actually learn in classrooms." Shankar goes on to explain how the pandemic is providing great opportunities for parents to help their kids develop some very valuable soft skills.
Rather than worrying about what our kids aren't learning right now, maybe we should focus on the unique educational opportunities that are all around us. Thanks to Shankar Vedantam for reminding us that the learning never ends when we recognize the lessons. He also provides examples of some of the unique lessons that exist because of the pandemic.
Submitted by Lacie Martin
When you become a parent, financial planning is about more than incidentals. Raising a family requires a specific set of tools and resources to help you establish a solid financial ground that will enable you and your children to reap rewards in the future. Here are some ideas to help you get started on financial planning as a parent and obtain peace of mind.
Consider Going Back to School
Is a lack of education limiting your income and therefore your lifestyle? If you have been pondering a return to school to increase your overall financial well being and your marketability in the job market, an MBA from a reputable business school is a great option for many. An MBA is a great tool to not only help you get ahead in the corporate job market, but it also will provide you with skills that will help you be a better leader. This training often has positive effects realized outside of the office too. It can even help you become a better parent.
Choose the Right Home Loan
For new parents who are looking to buy a home for the first time, the process can be overwhelming. From choosing the right neighborhood for your family to negotiating a price with the seller, you’ll have a lot on your plate. You'll probably need to take out a home loan—with various options on the market, where do you begin?
The best way to determine which type of home loan is right for you is by doing your research. Keep in mind that you’ll need to look at your financial situation before choosing which loan to take out. For example, if you’re unable to put down 20 percent, then an FHA loan will be ideal. For this type of loan, you don’t need a perfect credit history to qualify.
Look Into Life Insurance
If something should happen to you, will your family be OK? Life insurance is a financial backup plan for your children in case you are no longer able to provide for them. Dual income households may opt for insurance that covers the income of both partners. Single income families might focus on replacing the primary earner’s income through insurance coverage, as well as the costs associated with the services that would need to be purchase if a stay-at-home parent were to pass.
Common insurance options for families include whole life insurance and term life insurance. Whole life insurance can be complicated; it offers different types of coverage for various scenarios. Options include variable, universal, and variable universal coverage. Coverage is lifelong and has an investment component. You don’t pay taxes on the funds as they grow, because the tax is deferred. Plus, death benefits are guaranteed.
Term life insurance guarantees a financial payout to your beneficiaries if anything happens to you. Coverage is often more straightforward with term versus whole life insurance, and prices are typically lower. However, term life insurance is for a set period of time instead of your entire life. Terms typically vary between 5 and 30 years. For families, term life insurance can be an excellent investment because you can set the term to coincide with your children’s ages.
With either type of life insurance, you should seek a comprehensive quote that considers your unique circumstances and lifestyle needs.
Invest in an Emergency Fund
What happens if your car needs a costly repair, you encounter an unexpected medical expense or you need to travel unexpectedly to help a friend or family member? Saving money is a crucial part of raising a family, and you may face higher expenses once you welcome a baby into your life. But most Americans with children have more cash in their savings than their single and childless counterparts, according to CNBC.
Having enough funds in the bank to cover three to 12 months of living expenses is ideal, according to Chime, and this point has been driven home as the entire world has been dealing with the ramifications of the COVID-19 pandemic. Consider potential emergency scenarios such as health problems, vehicle accidents, and home repairs, and plan accordingly.
Plan for Your Child’s Future
The best time to start thinking about the cost of your child's education is the minute they're born - or sooner. Saving takes time, and the longer you wait, the harder it becomes. With the rising cost of education today, some parents can expect to foot the bill for as much as $250,000 for their children’s college tuition in the next 20 years. Saving for college can prevent your child from accruing educational loan debt. It can also prevent them from missing out on higher education if they don’t qualify for financial aid because of your income level.
For younger children, daycare and preschool costs are another consideration. Fortunately, tax benefits like child tax, child and dependent care, adoption tax, and earned income credits can help defer costs each year.
Ultimately, you should also consider who will care for your children if you are unable to. Writing a legal will covers this aspect of planning for your child’s future, including who will act as their legal guardian if something should happen to yo.
Don’t Forget About Retirement
Planning for retirement is as vital as covering your kids’ well-being via healthcare and insurance. According to the IRS, there are multiple retirement programs with tax benefits for you and your employer. Again, time is your friend, so start planning for your retirement today.
Common retirement options include:
Photo credit: Pixabay
Submitted by Rob Mapley
Just about everyone has a COVID story. My wife, Heidi, and I are no different.
As working parents with two kids, a daughter in college and a son in high school, we never expected to find either one of us, let alone both of us, looking for a new job in the midst of a pandemic. But here we are. Both of us have been laid off, so we're looking for work. Our attitudes? Bring it on!
One of our children has been schooling from home for a while, and the other just arrived home from college and will be staying through the New Year's holiday. So we're organizing for success ... which just happens to be Heidi's specialty. Here's our plan of attack which other working parents may find useful as we all strive to juggle supporting our online students with working from home (or in our case looking for work from home).
These tried and true techniques have always worked in the past, and most people we know would agree that 2020 has been a very different year. We believe that we may need to wash our hands of the 'tried' and social distance ourselves away from some of the 'true' and mask up some modern approaches as we navigate new careers during this time.
Amy Coney Barrett was confirmed to the US Supreme Court yesterday. Much of the news coverage has highlighted the fact that she is the mother of seven children who have not yet graduated from high school. Her youngest is a special needs child. Her spouse has his own demanding career.
New parents wondering what's possible in terms of balancing family and work, may want to keep an eye on Associate Justice Barrett. She appears to be helping to set a new precedent.
Submitted by Couch-Based Biz
If you’re a parent working from home, you might be wondering how to best support your children with remote learning. Figuring out how to structure your days can be complicated, and you may be worried that in order to properly manage your time and get everything done, you’ll have to splurge on expensive services or equipment. Couch-Based Biz understands what you’re going through, and we’ve got some tips on how to handle your workload, help your children with their schoolwork, and do it all without stretching your budget.
Start With Home Safety
While you’re working, you may not be able to keep an eye on your children at all times. Therefore, it’s important to create a safe environment for them in your home. You can make your home safer without spending a dime! Safewise recommends putting away any toys lying around so that no one trips, storing any sharp kitchen objects in secure places, and explaining to your child that they should not answer the door unless you’re in the room.
Plan Ahead for the Week
Use the weekend to prepare for the week ahead. Meal prepping is a great way to save time and money - when you already have meals ready in the fridge, you won’t end up spending on takeout during the week. Delish recommends buying ingredients in bulk and utilizing a slow cooker to make family-size meal portions.
On Sunday, help your children with any homework they haven’t completed. And if your children have assignments they’ve been struggling with, connect with their teacher to see if they can help. It’s best to take care of this before Monday morning!
You’ll have to put in extra effort to stay productive while working from home while your children learn remotely. Work-from-Home Depot recommends establishing a morning routine for your family and blocking off time for yourself in the evening to get some extra work done. It’s also important to set workday boundaries with your kids - let them know when you’ll be busy in your home office and when you’ll be available to lend a hand.
Virtual tools to help you stay on task can be very helpful, and you don’t have to spend a lot of money on pricey software. You can often download free time tracking apps, project management platforms, and even website blockers.
Your child needs a reliable laptop for writing papers, doing research, and tuning in for their virtual lessons. A laptop can be an expensive device, but you can easily find discounts if you shop online. Better yet, wait for seasonal savings on Black Friday or Cyber Monday to get a great deal on a new laptop if you need one.
Invest in Technology
Your child’s teacher may choose to “gamify” learning to help students stay engaged. Perhaps your younger children will participate in an online coding camp, or your teenager will need a virtual reality headset for interactive lessons.
If you need to purchase special devices for these lessons, stick to online shopping, or wait for a sale. Furthermore, you may need to upgrade your Internet connection to something more robust. Talk to your provider to negotiate for a great deal!
Go for Easy
To help keep stress levels at a minimum, look for affordable ways to make life easier when you can. Turn to online grocery delivery to eliminate shopping, dress for comfort (particularly if you’re caring for an infant amidst all of this!), or even hire a reasonably-priced cleaning service. Every little bit can go a long way toward helping you limit stress and anxiety.
The switch to remote work and virtual education has challenged many families. But it’s not too late to get back on track and make this arrangement work for you. These tips will help you perform well at your own job, make sure your child benefits from online learning, and save money while you get it all done.
Submitted by Lacie Martin
No doubt, the idea of working from home is very compelling as it promises flexibility, lets you work in your PJs and eliminates a commute. The reality, however, often includes challenges. In fact, many parents who work from home full-time struggle to juggle the rigors of their work with the demands of home and family, so it might start to feel like you’re working round-the-clock. But it can also be really great, and countless remote working parents can attest to that. The key lies in how you manage your time and leverage the resources available to you. Let this nifty guide help.
Turn to Tech
In this day and age, tech has proven to be a real help for many aspects of life, but it can also be a double-edged sword. As you work from home, technology can keep you productive and help you do great work fast. However, it does have a bad reputation as a parenting tool, which can make any parent hesitant to use it. But the fact remains that tech will be vital as you juggle the demands of work and family, making it wise to find the sweet spot as you make use of it.
The line between work and home life can blur when you work from home full-time, so it might feel like you’re trying to achieve the impossible by doing everything yourself. In reality, you don’t have to. Smart parents, who are able, get help where they can.
Revamp Your Routine
When you spend all of your days at home, working and running a household, it can be all-too-easy for those days to lose structure. For this reason, it’s absolutely essential to maintain a healthy daily routine that keeps your work schedule in check, allows for ample family time, and, above all, honors your needs.
Ultimately, working from home can be quite awesome. But know that isn't necessarily the default; you may need to work at it, make changes, take advantage of resources, and make adjustments to meet your unique needs. Still, this is a small price to pay for flexibility and getting to work in your skivvies!
Submitted by Emily Wright
As time passes during this pandemic, I've had a valuable realization; my six year old son is capable of taking on a lot more responsibility than I've encouraged in the past. And when he does things for himself he feels great about. It builds his self-esteem.
Now that I'm working from home and in the basement, he's pattering around upstairs ... sometimes by himself. He's taught me that he can make his own lunch, get his own snacks, and get dressed all by himself. And he's proud when he completes these tasks.