As mothers, we know the importance of saving for our children. As bittersweet as it is to see them grow up, we want to support them in a successful future away from home. A big part of this is saving. However, there are several other financial steps we need to take in order to set our little ones up for a stable future.
To help you prepare and navigate your financial life with children, Haven Life put together a guide that goes over eight critical money moves every parent should consider. From tips on paying off high-interest debt to advice on choosing the best investment for your child’s education, no matter how you plan on saving for your child it’s important to start small and only invest what you can afford. And while it’s natural to want to give your child everything, it’s important to take care of yourself first.