Photo of mother holding baby Emery who needs a 529 plan
Patricia Fox

Time to Open a 529 Plan: Welcome to the World, Emery Preston!

Sierra and Steve welcomed a baby boy, Emery Preston, on December 18, 2017! My first thought was we need to open a 529 plan! Just kidding. My first thought was Mama and baby are healthy! Then I thought about the 529 plan. Basics of the 529 Plan A 529 plan, also known as qualified a […]
Grads with Student Debt
Patricia Fox

Managing Student Loan Debt – A Guide for New Grads

Okay, so maybe you’re not a new grad. Maybe you’re a recent college grad. Or, maybe you’re a freshman, newly in debt with a student loan. Regardless, you need a plan. What new money habits do you need to develop? That depends. Have you been financially dependent on your parents? Did you have a job while you were in […]
Cost of Pregnancy and Delivery
Patricia Fox

Managing Costs of Pregnancy and Delivery

Sierra is doing her best to budget for the cost of pregnancy and delivery. Much to her frustration, she hasn’t found a dependable source for estimating costs. According to Money, the cost of delivering a baby in the hospital ranged from $1,189 to $11,986. I’m thankful that she has health insurance from her employer. In […]
Image of woman with phone and calendar conducting business activities, like multi-level marketing.
Patricia Fox
  • 5 Dec 16
  • Comments Off on Multi-Level Marketing: LulaRoe & Young Living Essential Oils

Multi-Level Marketing: LulaRoe & Young Living Essential Oils

My friend recently posted a photo of her and her daughter wearing matching leggings. I love seeing this friend’s Facebook updates – she delights in being a parent to her daughter, Lexi. The leggings were by LuLaRoe and I’d been noticing several of my friends posting about the brand, especially photos of the leggings. I […]
PattyFox
  • 15 Nov 16
  • Comments Off on Wedding Budget – Searching for the Final Review

Wedding Budget – Searching for the Final Review

Where’s the final review of the wedding budget?  Getting Sierra to share a final review of the wedding budget is proving to be a challenge. Sierra and Steve have now been married for about 2 1/2 months. I’ve asked her several times to write about her wedding budget, post-nuptials though I’m pretty sure she ignored my […]
Wedding budget was successfully revised. Sierra and Steve on a dock at sunset on their wedding day.
PattyFox
  • 29 Oct 16
  • Comments Off on Wedding Budget Revised – Splurges & Cost Cutting

Wedding Budget Revised – Splurges & Cost Cutting

The wedding budget has been revised many times. Sierra splurged on the items most important to her, and to them as a couple. That meant she had to engage in cost cutting measures to stay within budget. With just a few weeks before the wedding, Sierra describes their splurges and cost cutting. What wedding budget […]
Sierra makes a wedding budget. Bouquet by Monzies Floral.
PattyFox
  • 15 Oct 16
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How to Make a Wedding Budget as A Broke Millennial

Making a wedding budget was the very first thing Sierra did after she and Steve got engaged in January 2015. Initially, they talked about traveling to an island and getting married with a handful of family and friends in attendance. As her mother, I REALLY wanted to her to have a wedding but also wanted […]
mother daughter money scranton
PattyFox
  • 1 Oct 16
  • Comments Off on Welcome to Mother Daughter Money!

Welcome to Mother Daughter Money!

Mother Daughter Money was conceived in November 2015. I had become interested in financial therapy, behavioral economics, and personal finance. As I was walking one morning, I was thinking about how to add financial therapy and coaching services to my psychology practice. I was also thinking about conversations with Sierra as she was planning her […]