Invest in ME®

For Adults

FINANCIAL EDUCATION IS THE TOOL TO EMPOWER THE FUTURE OF YOUR CHILD

Every Family and Every Child Deserves a Chance to Create a Successful Future

Resources for Adults

The following resources were created to help you support your family in establishing goals for the future, and developing lifelong financial skills.

Financial Education

Financial Education

It’s never too late (or too early) to improve your financial wellness.

 

Taking the first step to improve your financial wellness is often the most difficult part, but once you get started, you will find that reaching your financial goals is possible. Start with small goals, and then build upon them. Be sure to ask for help – there are many wonderful resources out there!

 

Steps to focus on:

  • Track your spending and create a spending plan.
  • Reduce your expenses.
  • Establish emergency savings.

Tip: The first step in improving your financial skills is understanding where your money is going. Start by tracking your spending for a month. This includes gas, daily coffee, groceries – all of your spending, even things that are only a few dollars or cents. Once you have tracked your spending, take some time to categorize your expenses and create a list of “wants” versus “needs” and consider whether daily spending could be put toward to saving.

 

Resources for Adults:

Saving for Education

Saving for Education

Managing your family finances means balancing many needs.

 

Establishing a savings goal is an important step toward building a strong financial future. Pay yourself first! Every family can save, even if it’s only a small amount, and saving for future education is possible. Take some time to learn about some of the tools that are available to help you get started, and to make your money grow.

 

Steps to focus on:

  • Create a budget that includes a specific pledge to future education.
  • Explore education savings tools.
  • Start today – open an account and make a contribution.

Tip: When it comes to savings, don’t forget that time is on your side. Starting early will provide you with compound growth – the ability to earn interest on both the money you’ve saved and the interest you earn. This helps increase the value of your family’s investment toward future education.

 

Resources for Adults:

Planning for Education after High School

Planning for Education after High School

Every child has the potential to succeed in whatever career path they choose.

 

Families play a key role in encouraging and shaping their child’s future. It helps to start early by talking to your child about which activities or school subjects they enjoy most, who their heroes are, and what they want to be when they grow up. Showing them a number of career and education options will help them set their own goals and plan for the future.

 

Steps to focus on:

  • Connect the activities that your child likes to a future career—it may be writing, it may be video games. Ask your child to share ideas about possible careers that interest them.
  • Talk to your child about the different jobs that people do within your community, school, and family.
  • Help them to understand the benefits of education and lifelong learning.

Tip: Take some time each day to read to your child. Think about ways to create a habit for learning, such as creating a quiet place to read and to do homework. Students who read well often develop a love for learning and are more likely to be successful in the classroom.

 

Resources for Adults:

*Assets and Education Initiative, Building Expectations, Delivering Results: Asset-Based Financial Aid and the Future of Higher Education, in William Elliott (Ed.), Biannual report on the assets and education field, (Lawrence, KS: Assets and Education Initiative, 2013).

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