How to Prepare for a Family Financially
Since we know that everything affects everything, let’s talk about how our financial lives are impacted by our families. Over 80% of SaverLife members live with at least one other person—be that a parent, child, partner, or roommate—and even if you are single, you may have heard that having a baby can really break the…
Read MoreKeep It in the Family: How to Pass on Money and Assets to Family Members
Creating a plan for how you will pass on money or other assets (anything you own) is called estate planning. Many people think that if they don’t have a lot of money or assets (like homes, cars, and jewelry), they don’t have an “estate.” But the fact is we all have an estate. How you…
Read MoreKiara’s Story: Maybe Money Can’t Buy Happiness, But It Can Buy Security
Meet Kiara, who lives in Taylor, Michigan with her 11-month-old daughter and her two young cousins. What do you do? I don’t have a job. I take care of my daughter and my two cousins because I have a kinship guardianship for them. One is my biological cousin and the other is his half-brother. Their…
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