Financial Planning for you and your family

Financial Savings Planning for Your Family and not You. 

Saving to become a Millionaire less than $20 a day?

Saving money can be tough and hard, which is to say that saving money takes more people than one thinks. The more members in the family the less likely the bread winners' income will be able to feed clothe and shelter the entire family with the same pay if the pay was working for the family at two adults and a child. I.E Raises are tough to come by therefore the more children in the family harder saving money can be.  Even more so with a child with mental health issues. Which is to say that getting job which the employer will contribute a portion to the family savings at the end of the year is best.  And those jobs are becoming more and more obsolete.  Which means that the younger generations will need more support from the parents than did the previous generations the past 100 years.

Emergencies such as: Calgary Flood which has costed millions of dollars on the initial damage plus more since people need refunding to even rebuild homes:
Possible Cost of Divorce can certainly take the burden off you and your children, before, during, and after the legal proceedings.  Lets face it, both parents want to have a job, leaving the possibility of needing to pay people for their time to watch over the children. Sometimes this leads to stress and stress can and have lead to divorce.  Not only would you need to set money aside for the legal aspect and rent for both parties during the separation, but money is needed for the children s survival.  
An early Death n the family - We all know we are going to die someday but no one even considers when death comes. Funeral costs are greater than any dual income house holds income.  Some people may be able to afford it. However, not everyone can afford it since many less fortunate people have the resources to back up the costs.
And necessities such as Medical Costs, Food, Shelter are one the most hardest to come by since life since these expenditures often invade one another.  This making two people a necessary feature to cut down and save money. Children who need Medical attention are going to have less time for work to attend their health at the clinic, this in itself is an issue that causes huge problems than a flood as the person will never catch up due to constant job losses and missed rent to work on the health with very little help from society. I would love to meet the person who was able to sustain work, finances, shelter and medication all on their own.  The reality that one person can manage all of these at the same time just doesn't work. Ever!! Saving more for a needy child's future is something never to be taken for granted.  

Sincerely

Kevin Miller

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