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Posts about Family

Navigate Becoming Power of Attorney for an Aging Parent with Confidence

By: American Heritage 07.31.25 4 minute read

Taking on the role of power of attorney (POA) agent for a parent can feel overwhelming, because it is. It means stepping into their shoes, often during times of vulnerability, and making important decisions about their finances, healthcare, or both. But while it comes with legal authority, it also comes with emotional weight and familial complexity.

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How to Financially Prepare for Parental Leave

By: John Lutz 07.24.25 4 minute read

If you’ll be welcoming, or recently welcomed, a child into the world, congratulations! This should truly be a pivotal and beautiful moment in your life. But with all the happiness and joy, there may also come some anxiety, particularly around finances. But with the right financial plan and budget, you can set yourself and your family up for successful parental leave.

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Vacation Smarter: How to Budget for the Unexpected

By: American Heritage 07.17.25 3 minute read

Your summer vacation should be full of sunshine, relaxation, and unforgettable memories, not unexpected bills. But even the best-planned trip can come with surprise expenses that throw your budget off course. From hidden fees to unexpected detours, staying financially prepared can make all the difference. Here are some tips.

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Your First Year Baby Budget

By: American Heritage 10.28.24 8 minute read

Whether you find out you’re expecting or you get a call from your adoption agency, your first response is probably an instant rush of emotions. That is likely to be followed by a dawning realization of how much needs to be done—and spent—before the baby comes home. Raising a child from a newborn to an adult today can cost over $310,000, not including college, according to a Brookings Institution analysis of data from the U.S. Department of Agriculture.

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Life Stages: Should I Insure My Engagement Ring?

By: Holly Love 02.18.21 2 minute read

According to a 2024 study from The Knot, the average cost of an engagement ring nationwide is $5,200. For an object designed to be worn on the hand, that’s an expensive item to go unprotected. Accidents happen. Your ring could get lost, stolen, or damaged during daily life or travel. Keep reading to learn how to secure this sentimental purchase’s safety with an insurance policy designed to protect fine jewelry.

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5 Things to Discuss Before You Tie the Knot

By: American Heritage 02.11.21 3 minute read

Getting married is an exciting time. From announcing the news to your friends and family, to planning a wedding and honeymoon during these uncertain times, you’ve got a lot to think about. So it can be easy to overlook one of the most important subjects that affects newly married couples: money. Whether you are recently engaged or about to say “I do,” make sure that you and your significant other are on the same page when it comes to your financial future as a couple.

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Is a Joint Account Right for Your Relationship?

By: American Heritage 10.08.20 3 minute read

If you’re newly married or in a serious relationship, the opportunity to build a life together can be exciting. But as your lives become intertwined, so do your responsibilities—particularly when it comes to your finances. For many couples, opening a joint checking account or a joint savings account is the first step. In fact, some studies have found that couples who pooled their money in shared accounts had happier long-term relationships.

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