Today’s guest is Matt Becker, founder of Mom and Dad Money. Back in 2011, when he and his wife found out they were expecting their first child, he began to feel – as many new parents do – nervous about making the right financial decisions for his family. How much should you start saving for college? How are the new expenses like diapers going to affect your budget? Fast-forward two years and in 2013 Matt took his experience raising now two little boys and his financial background as a CFP and started Mom and Dad Money – a fee-only financial planning practice dedicated to helping new parents build happy families by making money simple. He also has written the new ebook “The New Family Financial Road Map,” a free guide he says he wishes he had when he first became a parent.

NEW BOOK: The New Parents’ Guide to Financial Independence

Three takeaways:

• The biggest financial issues he personally tackled when becoming a parent.
• Interesting ways to save on childcare costs
• How single income households can limit their financial risk.

If you would like to learn more about Matt Becker, visit his website momanddadmoney.com or follow him on Twitter @MomAndDadMoney

One of my favorite quotes from the interview: “Jump into full fledged entrepreneurship, having that kind of mentality can help you in any job.” – Click to Tweet