Your Family and Your Finances
The choices we make about money, the way we spend, save, give and invest, are directly tied to the people closest to us. We first learn about money from our parents' examples. Then, for many of us, we pass on our financial experiences to our own children. Whether we have it in abundance or struggle each month just to get by, money directly impacts the daily life of any family in a countless number of ways. Even so, many of us have difficulty planning and discussing money matters with the ones we love. In fact, money is one of the biggest sources of stress for almost all families.
It doesn't have to be that way. By simply opening up the discussion with the ones we love, our parents, children, grandparents, and spouses, we take a giant step toward a more secure financial future for everyone involved. Educating ourselves as much as possible about family financial matters — like creating a budget, planning a wedding that doesn't break the bank, getting financially ready for a new baby, and more — is the best way to get started with that discussion.
Here, with our Family Resources section, you'll find helpful tips and suggestions to assist you with budgeting and planning for your family's sound financial future. Whether you're getting married or having a baby, there's no better time than now to start planning.