This is kind of a follow up post to this one, as that post has got me thinking about what my husband and I will leave our children after we’re gone.
I’ve worked since I was around 13 years old doing various jobs here and there. I’m very lucky that I have a good job and have been working in the same company for almost 9 years now.
I’m always careful with money and I always put money away into a savings account just in case a time should ever come that I need it. It may be for a new boiler, repair work to my car or any other form of ‘emergency’.
When I became a mum I knew that I wanted to put money away for our children. They both have a savings account that my husband and I contribute to monthly. We don’t put a lot away, but I believe that a little is better than nothing at all.
When our children are older they may want to use it towards their first car, travelling or maybe even toward a deposit on their first home. Whatever they decide to use it for really.
Just because I’m saving some money for them now, for their future, that doesn’t mean that when they turn 18 or 21 or whatever age my husband and I decide to give them this money, that doesn’t mean that we’ll stop putting money away for them.
It’ll just be a different kind of saving. Saving for their ‘emergencies’ I guess. If they need help, then I like to think that I’d have some money put away that will allow me to help them.