This whitepaper includes two important family topics:
Financial Implications that Affect the Sandwich Generation
What is the “Sandwich Generation?” This is group of inpiduals, typically between the ages of 40 to 59, who are caught between two very important, yet very different roles; raising children and caring for aging parents at the same. While the time commitment and emotional ride that comes with the territory in these roles can be daunting, there is another significant variable that cannot be overlooked……
The No. 1 Rule of Teaching Kids About Saving: Start Early
The first thing my 9-year-old son does when he gets birthday or Christmas money is jump on Amazon or leaf through toy catalogs to see how quickly he can spend it. This is not unlike the feeling many of us had when we got our first paychecks. The idea of putting away some of what you have today for tomorrow is not always instinctive and many times has to be learned.
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