By Warren Burger, Luminary Financial Advisors As a nanny, it’s rare to find a family offering a 401(k) plan so it’s important that you are aware of other options to save for your future. There are several options available to build wealth for your retirement, and just like 401(k)s, many of these vehicles also offer […]
Win One of Four $50 Grocery Gift Cards Sponsored by The Kuhniverse Jennifer Kuhn of The Kuhniverse explains that getting a paycheck during the era of COVID-19 is not a guarantee for any of us, and this is also true for nannies and childcare workers. Now more than ever, with so much financial uncertainty looming […]
The Start of a New Year is a Great Time to Take Control of Your Financial Life If you worked hard and the parents rewarded your good work with a holiday bonus, don’t spend the extra income frivolously. Use the extra money to pay-off debt, build an emergency fund, make some investments, or even give […]
Building an Emergency Fund for Nannies Stuff happens. Emergencies occur regardless of careful planning. Accidents, car maintenance, health problems, and getting laid-off are just the start of an endless list of possible threats to financial stability. Once you have paid-off your debts you should build an emergency fund that has at least six-months of expenses. […]
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