Childcare is a complicated situation.  If you have kids, you've probably considered this.  Do you send your kids to a childcare center, do you use an in home daycare, or do you hire a nanny?  But do you have to pay taxes for a nanny?  And if so, how does it work? When do you have to pay taxes for a nanny? If you have a nanny (or any household employee) who makes more than $2300 in a calendar year, you have to pay a combination of state and … [Read more...]

In some good news coming out of 2020, my husband and I are expecting a baby this spring.  Now, we obviously know that children are expensive, from the costs of childbirth to the costs of higher education and everything that comes in between.  But we wanted to do this smart.  How can we have a baby on a budget? What does a baby need? Technically, if you want to have a baby on a budget, the only things you really need are a car seat (unless you … [Read more...]