Family Finances in the New Year
As the New Year approaches, are you writing down some goals or resolutions? Each year, I try to identify one or two new things I want to try, or do differently. I often use the beginning of the New Year to adjust my savings strategy so that I can also meet my goal of having some funds to be able to travel and visit my family when summer rolls around.
This is also the time of year that I have to pay the bills for the gifts that I purchased during the holiday season. Having a spending and savings plan is important. Children learn so much from watching how other family members and friends use money. As adults we can model good spending habits, and educate our own children so that they will develop good consumer management skills. You may be curious about what resources are available to help you teach your child about how money works or how to be a good money manager as an adult. I would like to suggest you explore the following links:
Wishing you and your family a great and prosperous New Year!