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Posts about Family

Tips for Talking to Your Kids about Money

By: John Lutz 08.07.25 4 minute read

Tuesday, August 12 is recognized as International Youth Day. This observance offers an opportunity to recognize the importance of children and young adults in society, as well as ways to support their development and growth. Children are naturally curious, and as they get older, they’re sure to have more questions about money.

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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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Teach Kids About Money With Simple, Everyday Lessons

By: American Heritage 04.03.25 3 minute read

April is Financial Literacy Month and Credit Union Youth Month, so it’s the perfect time to think about how to help our children develop smart money habits that will last a lifetime. Parents and guardians have so many unexpected opportunities to teach kids about money in the course of everyday life. By turning these moments into easy-to-understand lessons, you can empower your children to make wise financial choices from the start. Read on for some easy ways to build your child’s financial literacy.

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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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What a Baby Costs in the First Year

By: American Heritage 10.05.23 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 can cost over $300,000, 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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