There was a period of time when this setting aside money for your children was not only thought to be noble, but also found its way into practically every financial planning textbook.

Unfortunately, every family has their own set of values and traditions.

While there is no empirical yes or no to the question, "Should we set aside money for our children's future?", we will look at some pros and cons for those who choose to do so.

In This Episode We Look At:

• The importance of taking care of YOUR finances as a priority.
• Setting a SPECIFIC and MEASURABLE savings goal.
• Protecting your family assets: a quick glance at estate planning.

Today's Resources and Links:

• A good start to finding the right estate planning attorney for you.
• READ- Beyond the Grave, Revised and Updated Edition: The Right Way and the Wrong way of Leaving Money to Your Children (and Others)

One Thing You Can Do Today to Improve Your Financial World:

• Determine if you plan to pass assets on to your children (or others) someday, and if so, speak with an estate planning attorney for assistance.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

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