Uploaded February 2026 | Updated September 2026, 3 weeks ago

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Thanks to our good pals at Monarch for sponsoring this season! Get 50% off with code TFD50 at bit.ly/aaep5215

Welcome back for season 3 of Asked & Answered! This is a 6-part series co-hosted by TFD founder Chelsea Fagan & Erin Lowry of Broke Millennial dedicated to answering your personal money questions, from budgeting and investing basics, to navigating the financial headlines of our current political climate.

In our fifth episode, Chelsea & Erin break down options for saving for children, from 529s to investment accounts, share realistic tips for budgeting for kids’ everyday costs, and discuss when to start talking to children about money. The episode also examines whether marriage offers financial benefits without plans for kids, and how families navigate the tension between childcare costs, housing decisions, and long-term financial security.

THANKS TO ERIN FOR SHARING HER EXPERTISE!
-Follow her here: instagram.com/brokemillennialblog
-Her website: erinlowry.com
-Subscribe to her Substacks here: erinlowry.substack.com and here: brokemillennial.substack.com

OTHER FINANCIAL PRODUCTS WE PERSONALLY ENDORSE:
Financial advisory: Advisor - bit.ly/4ahQuCP
Investing: Betterment - bit.ly/4rJrcDi