A is for
attitude! If you think you can, you can. And if you think you can’t, you’re
right!
B is for
breastfeeding. Where possible breastfeeding will save you money on formula,
bottles & accessories.
C is for
credit cards. Pay off your balance when
possible or choose cards with low interest rates.
D is for
debt. Shopping around for a mortgage is worth it a good interest rate can make
a huge difference.
E is for
Ebay. Sell and purchase used “baby” gear
on ebay, craigslist or through social media.
F is for family. Ask your family to get on board with you to
support your financial plan.
G is for
gifts. Plan ahead for birthday and
holiday gifts. Put your talents to use
and make gifts when you can.
H is for
home-cooked. Take your lunch to work and make dinners at home.
I is for
insurance. Plan for insurance needs for illness, accident, death, home and auto
and shop around.
J is for
junk. You can make homemade toys with “junk”
from around your house.
K is for keeps. Make financial plan and budget and keep with
it. Do not make exceptions.
L is for
love. When you love something you take
care of it. Love your financial plan and
take care of it.
M is for
medical. Take advantage of pre-tax
opportunities through your employers. (cafeteria and HSA plans)
N is for negotiate.
Don’t be afraid to negotiate prices on your purchases.
O is for
options. Look into different options for
debt and financial growth.
P is for
paying. Paying your bills on time can
help you save on late fees and interest charges.
Q is for
questions. Ask a financial planner for
help managing your expenses and investments.
R is for
rates. Monitor your credit card rates as
they are subject to change.
S is for
sales. Just because something is on sale
doesn’t mean you need it.
T is for
taxes. Ask your tax professional for the
best ways to save money on your taxes.
U is for
utilities. Turn off the lights when you
are not using them.
V is for
vested. Stay with the same company long
enough to be vested in the retirement plan.
W is for
will. Speak to an attorney about writing
a will to provide a financial plan for your children.
X is for X. Check off your debts as you pay them off and
give yourself a pat on the back for working hard.
Y is for
you. You determine wants vs. needs for
your family and make money choices based on your decision.
Z is for
ZZZZZs. When possible sleep on major financial
decisions before acting.
This information is meant for entertainment purposes and
general advice. Financial planning best
happens when looking at individual circumstances. Please seek the advice of a financial
professional before acting on this information.
Products and books I have used for family financial planning:
