The joys of becoming a parent and moving from “me” to “us” and “we” can be an incredible moment for many people. Along with the joys of new parenthood comes a growing sense of responsibilities, some of them obvious. Your newborn needs constant care – the need to be fed and bathed and looked after at all times. Other responsibilities can be less obvious, such as the importance of financial and estate planning.
As your family grows, financial security becomes more of a priority as you aim to make sure that your loved ones have money to meet basic needs, no matter what happens to you.
Here are three ways to start building family financial security:
Preparing for a child’s future is usually a top parental priority. With the price of a college education continuing to rise, many parents are looking for ways to help pay for their children’s college tuition. What are the options?
Several are available. Finding the option that best suits your family’s needs may seem daunting, as some people find. The early years of your child’s life offer a great opportunity to begin some basic financial planning to help tackle the future cost burden of education.
Two popular vehicles for putting aside money for college are 529 Plans and the Gerber Life College Plan1. To help you decide which one might make the most sense for your family, here’s a summary of their advantages and how they work:
Approximately 55 million people in the United States own a United States savings bond, according to the Bureau of the Fiscal Service of the Department of the Treasury. Savings bonds can be considered an investment in the future, and can be used toward any future expense such as school tuition, or a child’s first car or first home.
Frequently, overspending and the holidays seem to go hand-in-hand. It can be easy to get caught up in the holiday spirit and lose track of how much you are spending. For people who are on a tight budget, the holiday season can cause a lot of stress when trying to stretch a dollar and give a gift to everyone on “the list.”
Being frugal during the holidays, however, does not have to mean finding cheap or low-quality gifts. The key is to look for opportunities and creative solutions, to get the most for your money without having to sacrifice good taste.
Here are some tips for finding holiday gifts on a budget:
As the temperature drops, the air turns crisp and cool, and the world around you transitions from summer green to the vibrant hues of yellow, red and orange of fall, so does the list of seasonal activities that you and your family can enjoy.
Here are our Top Five favorite fall activities for kids, each at a cost that’s as cool as the weather: