I will make a confession to you– we have had a rocky financial past. This is a fact that I am not proud of. However, I am proud to say that we have learned from our mistakes and are now equipped to make better decisions regarding our money and our financial future.
Darren and I met when we were young– 14 and 15 respectively. We fell in love pretty quickly, and were married 6 years later. We didn’t know a lot about credit, debt, and finances at the time. Being young and naive, we fell victim to credit cards and the onslaught of debt that we proceeded to rack up.
It took us a little while, but we realized the mistakes we had made. We began taking steps to correct the damage that had been done and have came a long way since then. We think more carefully about each and every purchase, and very rarely make an impulse buy.
You see, it’s not just us anymore. We have a beautiful child and things such as saving for her college and our retirement is important to us. If we don’t carefully manage our day to day finances, these two things simply cannot occur.
As parents, we have strong hopes and convictions about providing for our families both now and in the future. I know that I have a desire to provide my daughter with anything and everything she needs.
It’s easy to put off thinking about preparing for the future. We’ve got time, right? Maybe we do, but then again something unexpected could happen tomorrow and change that outlook forever. It’s best to start preparing now.
Preparing for your financial future can be overwhelming, though. There are a variety of ways to save, and people often don’t know which way is best suited for them.
That’s where MassMutual comes in. At MassMutual, they want to make it easier than ever to get your family’s finances ready for the future. They offer a variety of Planning Tools and Resources to make the process smooth for everyone. By setting long and short term goals, MassMutual can help you to create a fully-comprehensive plan that fits your life and your schedule.
Each year, my family is taking more and more steps to get to that point we want to be at financially. My husband has a 401K through his employer, which includes matching contributions. We’ve also made great strides in paying off our debts. In fact, one of our larger remaining debts was paid off this past week!
However, the biggest stride we are making to plan for our financial future is to teach our daughter about finances. When Darren and I were married, we were so clueless about financial responsibility and how to make good financial decisions. I will not let this happen to Raileigh. Knowledge is power, and I am making sure that she is well informed.
Raileigh may be young, but in my opinion, it is never too early to start her with a good foundation. She already understands saving her money. When she desired a larger toy on a recent family vacation, we encouraged her to save money so that she could purchase it on a return trip. For the past 6 months, she has been doing just that, and has actually not spent a dime of her money. She is only about $5 away from her goal, which I am certain she will reach soon.
We also like to share fun, yet educational apps with her that help to teach about giving, saving, donating, and more. These are just “games” in her eyes, but I know they help to teach important financial matters to her. You can download Save! The Game in the app store.
Wherever you are at financially, MassMutual can help you prepare for the financial future of your own family. In fact, MassMutual has created a cool new quiz to help Moms start thinking about their attitudes toward finances and how they can take small steps forward in the process of planning for their financial future.
I took the quiz and my results were “Successful Planner”. If you’re here as well, still consider getting a second opinion. Alternative views can often times help to uncover new ideas and solutions that you had not thought of.
If you aren’t here, please don’t be discouraged. I would have never thought I would be here just a few short years ago. You just need a plan– and MassMutual can help you get one.
Disclosure: I wrote this post as participation in in a blog tour for Mom Central on behalf of MassMutual and received compensation in the form of an Amazon gift code to thank me for taking the time to participate.