Ways to Gift the Next Generation Financial Security

Congratulations! Perhaps you’ve just become a new mother. Or maybe you’re just starting to get your finances in order. Either way, these are both important milestones that deserve recognition.

As a parent, your number one priority is most likely saving for your kids’ future and providing them with a better life.

In fact, according to a Harris Poll/UNest Survey, 93% of parents with kids under 17 would make self-sacrifice if it meant their child would have a healthier nest egg.

While it’s immensely important to provide your child with a healthy cushion to pay for college or other life goals, it’s only one aspect of the equation.

Let’s not forget the importance of financial literacy and empowering your little ones to make responsible financial decisions throughout their lives.

(But make sure you’re saving for your own future too!)

When it comes to guiding your children on the right financial path, one size does not fit all.

By taking small steps that add up over time, you can set them up for success so that when they embark on their own life journey, they can focus on the things that truly matter.

We’ve all been to baby showers or birthday parties where kids receive toys that we know will be left in a storage closet collecting dust. Or clothes that the child outgrows in a few weeks, but we often overlook gifts that will last a lifetime.