Category: Kids & Finances

Using Real Estate To Help Your Aging Parents

How can investment real estate help you support your aging parents while potentially creating financial benefits for your own family?

In this video, Dave explores several ways families may be able to use investment real estate to help reduce their parents’ living expenses while also addressing other family financial needs, including childcare.

The video covers three potential approaches:

• Purchasing an investment property and renting it to parents at or near fair-market rent
• Charging fair-market rent while separately providing financial assistance to parents
• Renting the property to parents at fair-market value while potentially paying them for childcare

Dave also discusses important considerations surrounding fair-market rent, rental property deductions, depreciation, childcare expenses, Social Security taxation, and potential self-employment tax implications.

The goal is to create a potential win-win: helping aging parents with living expenses while benefiting your own household through investment real estate and childcare arrangements.

Notice: These strategies depend heavily on your individual circumstances. This video is for educational purposes and is not official tax advice. Always consult your accountant or qualified tax professional before implementing any strategy.

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Am I Jeopardizing My Own Retirement By Helping My Adult Kids?

Supporting your adult children is one of the most meaningful things you can do—but could it come at the expense of your own retirement?

In this video, Dave explores the delicate balance between helping adult children financially and protecting your long-term financial security. From changing parenting expectations over the generations to today’s rising costs of housing, childcare, and healthcare, we discuss why more parents are providing financial support than ever before—and the important questions every family should ask before doing so.

You’ll learn:
• When financial help is truly beneficial vs. when it may become enabling
• How to evaluate whether supporting your children is sustainable
• Why your retirement timeline matters when making financial decisions
• The importance of protecting your own financial future while still being there for the people you love

Whether you’re helping with rent, a home down payment, childcare, or other expenses, this video offers practical insights to help you make thoughtful, financially sound decisions.

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What To Do With Extra Cash

What should you do when life finally starts going well financially… but suddenly every dollar seems to have 5 different jobs?

In this case study, we walk through the story of a young couple who recently found themselves with something many people dream about: consistent extra cash flow.

But along with that opportunity came a wave of competing financial priorities:

• Paying off credit card debt
• Saving for a first home
• Starting a college fund for their child
• Building emergency savings
• Planning for the future without feeling overwhelmed

The truth is, many young couples end up in this exact position. Income rises, stability starts to appear, and suddenly the question becomes: “What do we prioritize first?”

It can feel confusing, emotional, and surprisingly stressful — even when things are objectively improving.

In this video, we break down a practical, straightforward playbook for navigating this exciting but tumultuous stage of life. You’ll learn how to think through competing financial goals, avoid common mistakes, and create a plan that builds long-term stability without sacrificing flexibility today.

If you’ve ever felt stuck between being responsible and trying to actually enjoy the progress you’ve made, this video is for you.

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