Military Saves Week is a week each year that is dedicated to helping you and your family save more successfully. Tuesday’s focus is on saving for the whole family. We shared a blog about this last fall written by the Consumer Financial Protection Bureau. Check it out here.
Using everyday situations as opportunities to talk about saving and spending is one of the best ways to get your family involved in the discussion. In our family, we discuss the big-ticket items such as vehicle expenses, the cost of our home and, of course, retirement!
Suggested Activity: Get the whole family involved by talking around the dinner table one night this week. What are your dreams? How can you make them happen? How much money will you need to make your dreams come true? How much will you have to save? How long will it take? Dream big and then be realistic about a plan. It’s never too early to start saving!