To all the mother’s out there, where does your financial future rank right now on the list of priorities you currently juggle? In between packing lunches, homework, teacher appreciation, birthday parties, sports activities, laundry, grocery shopping, paying the bills, bath time, bedtime stories, Band-Aids and boo boos… you are caretaker, rule maker, meal maker, biggest fan and cheerleader. On top of this, you might also have a career to juggle and so it’s no wonder that finding the time to think about investments or retirement will slip your mind!
New parents and grandparents are often eager to start helping out their kids and frequently ask this question, “What is the best way to start saving for my child?” 🤔 While there is no one right or wrong answer, the type of account you choose could make a big difference! This article will break down two of the most common savings vehicles for children, 529 College Savings Plans and Custodial Savings Accounts.
Whether you currently have young children or are thinking about starting a family, you know with certainty your finances are going to be impacted. Review the top 5 tips to ensure your growing family is on the right path for financial success.
A couple has to make compromises in terms of understanding each other’s future plans for investing. This is essential for retirement, and needs to be covered quick.
Your kids are no doubt noticing the changes in the world, and maybe your family’s own financial situation, because of COVID-19 — as well as your reaction. Here’s your chance to empower your children with lessons for their future.