Planning for significant life transitions is central to financial planning. As recent first-time parents, we can say with confidence that there may be no greater transition in life than starting a family.
Financial literacy is essential for daily life. And yet, many parents are intimidated to talk about money with their children, while others may be eager to cover basic concepts but aren’t sure when or where to begin.
You're interviewing for a new job, and you ask whether the company offers a retirement account. The employer says yes, and you move on to other topics. When you accept the job, you enroll in the retirement account and begin making contributions, but later on, you're disappointed by your savings.