All Questions
5
questions
13
votes
3
answers
8k
views
Are there countries where children are forced to inherit their parents' debts?
Are there any countries in the world where the debts of the deceased must be inherited by the deceased's heirs?
In the UK and USA, it seems to be well understood that if the deceased's estate is ...
7
votes
6
answers
478
views
How to plan my Finances when about to have a baby: What are some considerations to be aware of?
I would like some insight into the process for financially planning to have a child. Outside of the obvious upfront medical expenses, what are some important financial considerations that I should be ...
20
votes
1
answer
3k
views
Do I actually have to pay my daughter minimum wage for helping around the house?
I blogged about my discussion to this question.
When I mentioned that I paid my almost-six-year-old daughter $2 for a job that took an hour I had a commenter say that I paid her "below minimum." (...
25
votes
8
answers
8k
views
Why do people take out life insurance on their children? Should I take out a policy on my child?
I've always found those flyers that the schools send home in September contemptible. But maybe I'm the one in the dark...?
If the purpose of life insurance is to replace a wage-earner's income in ...
9
votes
2
answers
418
views
How do you make sure your child's birthday party doesn't break the bank?
I've been to childrens' birthday parties that clearly cost in excess of $500 when the price of the venue, activity, food, cake and loot bags are factored in. I don't want to spend a lot in order to ...