by Stacey L. Bradford. Bradford, an associate editor at SmartMoney.com, presents a relevant and witty overview of the awesome task facing new parents—affording their kids. She covers all the major issues, including child tax credits, the Family and Medical Leave Act of 1993, flexible spending accounts, and 529 plans; even wills, trusts, and disability insurance are considered. Bradford writes from a female perspective, and humor abounds: "Along with hemorrhoids and hormonal mood swings, meager maternity benefits are just one more harsh reality that no one warns pregnant women about." Considering the enormous and long-term expense of a new bundle of joy, her money-saving tips are sure to be popular. Bradford clearly grasps the mindset of new parents and keeps information complete but concise; the chapters on health care and college savings plans are so succinct that it would be nearly impossible not to understand them. Only the chapter "Where Should You Nest?" disappoints, as it is not broad enough to serve most readers. VERDICT Bradford's book offers a more comprehensive framework than Steve and Annette Economides's America's Cheapest Family Gets You Right on the Money. Here's one work that all new and prospective parents worried about finances should consider --Library Journal (Check Catalog)
Thursday, July 9, 2009
The Wall Street Journal : financial guidebook for new parents
by Stacey L. Bradford. Bradford, an associate editor at SmartMoney.com, presents a relevant and witty overview of the awesome task facing new parents—affording their kids. She covers all the major issues, including child tax credits, the Family and Medical Leave Act of 1993, flexible spending accounts, and 529 plans; even wills, trusts, and disability insurance are considered. Bradford writes from a female perspective, and humor abounds: "Along with hemorrhoids and hormonal mood swings, meager maternity benefits are just one more harsh reality that no one warns pregnant women about." Considering the enormous and long-term expense of a new bundle of joy, her money-saving tips are sure to be popular. Bradford clearly grasps the mindset of new parents and keeps information complete but concise; the chapters on health care and college savings plans are so succinct that it would be nearly impossible not to understand them. Only the chapter "Where Should You Nest?" disappoints, as it is not broad enough to serve most readers. VERDICT Bradford's book offers a more comprehensive framework than Steve and Annette Economides's America's Cheapest Family Gets You Right on the Money. Here's one work that all new and prospective parents worried about finances should consider --Library Journal (Check Catalog)
