Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network.
Money management is very important at all ages of life. From being a young kid to getting ready to retire it is important to not only save but be able to manage a limited budget that could last for the rest of your life.
We are very money conscious. With 3 small children the other expectations of fully owning a home, the kids college education funds, and a steady retirement are some of the most important goals to us as young parents. We still have decades until its even time to consider retiring, but we also have decades after that to figure out how we will live most likely on a steady income. It is important to make sure that our kids understand what will be happening as we get older.
Our kids will also be there to help us. Wether it will be from changing bed sheets or mowing a lawn, it will be important for our kids to understand that the future will consist of them doing their part to help their parents. We will also do our part to make sure they are not burdened with their parents care and costs while managing their own lives.
While we are working every day to be smart with how we spend and invest our money we also are having fun teaching our kids the same. It is also just as important to make sure we are making the right retirement planning choices at the right age.
Kaila, our oldest is all about saving and has not found anything yet to spend her money on. No matter what, our kids will be in a much better and stronger financial position than we ever were but will also learn those valuable lessons to help them make the most out of their hard earned money.