How much have you spent on your kids or grandkids in just one year of their life?
If you have a child under 18, you probably spent at least $12,000 on your kid over the last 12 months.1
If you’re a grandparent, last year, you likely spent more than $2,500 on just one grandchild.2
Now more than ever, protecting yourself and your family is paramount. Not only in terms of your health and safety, but for your finances too
It’s likely that every human on the planet has been affected by COVID-19.
I’m not sure that this kind of event has ever happened before in human history.
Though it’s sad that it took a disease to bring us together, it reminds me of how deeply connected we all are and how much our daily existence depends not just on our community, but on people we’ll never meet in far-flung corners of the world.
One day, we’ll look back on these strange days and tell stories about the COVID-19 pandemic of 2020.
But right now, we’re getting through it. One day at a time.
In difficult times, it’s easy to think we are alone. Especially when our loved ones and support system are far away or reduced to virtual connections.
There are several times of the year that make you think of projects. January is for setting resolutions. Spring is for cleaning. Summer is for house projects. Fall is back to school, and then it’s the holidays. In addition to these, make tax time also a time that you set aside to remember to sit down and do a financial check-in. You are already in the process of looking over your income documents, how much you paid out for your mortgage and student loan interest, how much you paid out in child care costs, etc. Why not use this opportunity to take stock of your whole financial picture?
