As children grow up so quickly, you might simply want to live in the moment so that you can cherish every minute of their childhood. However, it’s important not to take your eye off the ball when it comes to your family’s future either. After all, it is your job as a parent to provide your kids with a secure financial future, quality education, and beautiful memories. But how exactly can you attain these family goals? Read on. Here are five ways to create a great future for your family, from budgeting to eating meals together.
1. Spend Less Money Than You Earn
Many people live beyond their means and don’t even realize it. For example, they regularly dip into their savings account to pay a bill towards the end of the month. If this sounds like you, it is a big sign you are overspending.
Transform your finances by aiming to spend less money than you earn. To reach this first of five family goals, you must:
- Renegotiate your bills
- Prioritize debts
- Cut back on unnecessary products or services
Doing so can provide your family with greater financial security.
2. Find the Right School for Your Kids
A child’s education cannot only determine their intelligence but also influence their passion for a subject and potential career path. Give your son or daughter the best possible start in life by finding the best schools near you.
Rather than sending your children to just any school, do your homework to find both the best teachers and environment. Using quality educational resources like these will help your kids embrace education and flourish academically.
Read more tips on finding the best education for your kid.
3. Take Out Life Insurance
Nothing will be more important to you when it comes to family goals than ensuring your family’s happiness and security. Thus, you must take out life insurance.
When you do so, you will ensure your family will receive a financial sum should you pass away, which could pay for your funeral and debts left behind. For instance, a guaranteed issue life insurance policy can provide up to $25,000 in coverage. Moreover, you won’t have to take a physical exam or answer health questions.
4. Eat Meals Together
Believe it or not, eating meals together as a family could be the key to your family’s future happiness. According to the University of Florida, there are many positive effects of families enjoying meals together.
For example, this activity can create stronger bonds and improve nutrition, so your children are less likely to be overweight and will be better adjusted. There’s also a lower chance of their having risky behaviors, according to this resource, such as alcohol or drug abuse.
5. Set Goals as a Family
Lastly, prove to your kids that the sky is the limit by encouraging every family member to set personal goals to help motivate them. Simply ask your children what they would like to do better throughout the year.
But, ensure they are realistic to avoid disappointment. It is a clever way to demonstrate that hard work can equal great rewards. In turn, they won’t be afraid to tackle tough challenges in their lives.
What are some other family goals that you think are important to add to this list?
Nice post
Thanks Michelle :)
Great post highlighting family goals! Linked it from one of my older posts
Oh wow thank you so much!
Very well adviced
These are all great goals, Christy! The only thing I might add is to explain family goals to children as they reach their teens, so that they can offer input, and also to help prepare them for when they are grown and raising a family of their own.
Eating meals together is the most effective point here, to me. Eating together is a routine that builds a family circle. It may be exactly where the family sets goals.
Christy B, I really enjoyed this article. The one that I am really working on as a mom right now would be number 5. I am a huge goal person and I will do what it takes to reach my goals, but it didn’t occur to me until recently that my child has goals (besides eating pizza). I am trying to do better about helping her write out her goals and figure out what she needs to do to accomplish them. As always, thank you for sharing. Love your content.
How wonderful to hear that you’re helping your daughter pursue her goals too, Kamber :) And you know what – she’ll see you reaching your objectives and internalize all that women can do in life xo
All great advice Christy. I am definitely sharing this with my new family friends…great suggestions for them moving forward.
Your comment makes me happy!
Great advice, once more! Thank you Christy!
Thanks for being here, Stella!