1. Money

Plan for Major Life Events


Your budget will change as you approach major life milestones such as attending college, buying a home, getting married, having a baby and coping with emergencies. In this section, you'll learn how to budget and plan for all of life's big events.
  1. Pay for College
  2. Buy a Home / Pay Off Your Home
  3. Budget for a Baby
  4. Plan for Emergencies

Pay for College

College is usually the first major expense in a person's adult life, and many parents find themselves caught off-guard by the high prices. Learn how to assess how much you should reasonably borrow for college. Discover what additional costs, beyond tuition, you can expect to pay.

Buy a Home / Pay Off Your Home

Housing and taxes are the two biggest expenses that most people pay. Housing consumes 25 to 33 percent of the average person's budget. Find out whether you should buy or rent, learn what costs (beyond a mortgage) are attached with home ownership, and discover unusual ways to reduce your mortgage payment.

Budget for a Baby

Having a baby will create a massive impact on your finances. Learn how to evaluate whether or not it makes financial sense for one parent to stay-at-home, discover what baby-related costs you can expect, and read true stories about how readers budgeted for their new baby.

Plan for Emergencies

Emergencies happen. You might lose your job in the same week that your car breaks down, your son throws a baseball though a window, your dog needs surgery and a storm destroys your fence. While we want to hope for the best, it's prudent to plan for the worst. Learn how to build an emergency fund and plan for one-time expenses.

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