Moms! Finance Isn’t About Pops Alone

Gone are the days when financial planning was done only by the men of the house. Maintaining financial health of yourself and of the family is a must. You may not be the breadwinner for the family, but your contribution does matter. Whether you are a single mother raising children, or you are newly married and expecting a child, a working mother, or a middle-aged homemaker with children, certain financial decisions need to be taken by you either independently or in agreement with other family members. This Mother’s Day, pledge to improve the financial health of yourself, your children, and of your family. Investment Strategies for You and Your Family As a mother, you tend to be worried for the future of your child, fulfilling their goals in the short and the long term and eventually saving for your retirement, so that you don’t burden your kids. Term insurance: This ensures...