Is a Single Income Household Worth the Sacrifice? | Bryan Smalley

Catholic Money Mastermind - Financial Planning conversations with Catholic CFP® Practitioners

Bryan Smalley is a Certified Financial Planner (CFP) with a BA from the University of Toledo and an MA from Bowling Green State University. With a focus on “taking the scary out of retirement planning”, Bryan helps his clients focus on all the joys of retirement. Living in New Jersey with his wife and their 4 children, Bryan brings to this episode his perspective on having a single income household, homeschooling, and how these decisions impact your financial life. Of course, there’s more to life than just money, which Ben and Bryan discuss in this episode.

Key Takeaways:

• Things to know before becoming a single income household.
• The benefits of one parent staying at home.
• Some surprising cost savings come with a reduction to a single income.
• How to test run a single income and prepare with a cushion.
• How private, public, or home schooling can factor into your decision.

Mentions

🌐 Website: https://corient.com/find-an-advisor?search=bryan&advisor=Bryan+Smalley

👉🏼 LinkedIn: https://www.linkedin.com/in/bryandsmalley/

📚 Is It Better for Moms to Stay at Home? | Deb Meyer: https://www.catholicfinancialplanners.com/is-it-better-for-moms-to-stay-at-home-deb-meyer-podcast/

More of Catholic Money Mastermind:

https://www.catholicfinancialplanners.com/

Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.