Here on the podcast we don’t shy away from the fact that we’re big fans of having kids- Joel has three, Matt has four. But that is not typical here in the United States where the average is 1.6 births per woman… but why? We think the costly nature of having kids is one of the reasons. Depending on which study you’re looking at and the cost of living cited, we’ve seen upwards of $400,000 per kid! But even still, should it be all about the numbers? Should that data drive all of our decisions? Luckily we’re joined by someone who is a parent and knows all about the data- Emily Oster. Emily is a professor of economics at Brown University, the author of books like Expecting Better, Cribsheet, and Family Firm, and now host of the new podcast Raising Parents. And while you might know her as the lady who says it’s ok to have wine and coffee in moderation while pregnant, or as the health economist who shared unpopular opinions on Covid policies during the pandemic, we’re excited to share our conversation that’s all about our money and kids: making career breaks and staying home with the kids, why we need to approach family decisions the way a business would, Emily’s take on allowances, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

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• Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.

  During this episode we enjoyed an Ayinger Oktober Fest-Marzen! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.