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Video: 3 Tips for Starting a Family Savings Plan
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Developing a family savings plan is important, but you may not know where to begin. We’ve put together three key insights to help you get started.
As Joe points out, remember to:
- Use everyday household financial situations to teach kids the need to budget and save.
- Start a college savings plan as soon as you can.
- Save regularly; the more regularly you save, the quicker emergency funds, vacation cash, or even tuition savings add up.
Bottom Line
A household savings plan can be good for everyone: your kids can learn to appreciate the value of their money, family trips become easier to afford, and saving on a regular basis can help make your family dreams a reality.
If you secure tomorrow, you can enjoy today.
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Save. Invest. Protect. Subscribe.
Planning ahead for your financial future may not be easy, but it can be easier—with ideas and insights delivered right to your inbox.Thank you for signing up.
You've taken the first step to planning your financial future. This is where your journey starts.