How much thought do you give to your future?
When you’re young, free and single it’s easy to not worry too much about the future, but once you become a parent you need to start planning ahead a little bit more.
Here are 3 different things to think about when you’re planning your family’s future.
Look at life skills
It might seem a strange thing to think about if your children are still babies or toddlers, but as they get older one of the best things we can do for our children is teach them all the life skills they’ll need in the future.
One way to do this is to think about the things you wish you’d known how to do when you first left home, and then make a plan for teaching these skills to your children.
I don’t think it’s possible to teach our children every last thing they need to know before they head out into the world. Actually, I think it’s quite important that we don’t teach them everything.
They’ll learn a huge amount by figuring some things out on their own.
But there are some life skills that are definitely worth teaching them as they grow up. For us this is things like making sure the children know how to cook, so they can at least feed themselves when they eventually leave home!
Other skills you might want to plan to teach your children are things like car maintenance, basic first aid, household skills like doing laundry, and looking after their money.
Take care of finances
Speaking of looking after money, this is a big area to think about when it comes to planning for your family’s future.
There are all sorts of things you can do to teach your children about money. It might be that you give them a set amount of pocket money each week, so they can learn to save up for treats that they want. Or maybe you try to use cash when you take them with you to the shops so that they can start to understand a bit more about how much you spend on things, and how much change you get and so on.
It’s also a good idea to think about your family’s finances, and what you would do if your circumstances were to change.
If you can spare any money on a regular basis then look into setting up a savings account that you pay into each month, so you have a spare reserve of money for emergencies.
And as much as no one wants to think about their partner passing away, it’s really important to sort out life insurance or family income benefit so you would be covered if the worst were to happen.
Think about your life at home
When you’re planning for your family’s future, one of the other big things to be thinking about is where you plan to live.
There are all sorts of things to consider when it comes to your family home, from making sure there’s enough room for you all (and all your stuff) to looking at the school catchment area that your house falls into.
If you’re not in a position to move to a new property then you might look at what you can do to adapt your current home to your family as it grows.
What areas do you think are the most important when it comes to planning for your family’s future?
Disclosure – this is a collaborative post