Whether you’ve just had your first child or your kids are quickly growing up, there are a few essential things that you have to do. Often, as parents, we concentrate on the little things. And so, we forget to make time for the important things, but we shouldn’t do.
Being a parent isn’t just about taking care of your children. Ensuring they’re potty trained before starting school and teaching them to feed themselves, are just parts of being a parent. Being a mum is about ensuring that no matter what, your little ones are always well looked after. To help you do that, I thought that I would share three things that you must do asap if you haven’t already.
- Choose guardians for your kids
No one wants to think about dying, especially when we have so much to live for. However, as a parent, it’s your responsibility to think about what would happen to your children in the unlikely event that you were killed. (No one is ever going to be as good as you for raising your kids, but there will be someone who’s almost as good.)
Picking guardians for your little ones isn’t easy, in fact, it can be extremely upsetting. However, it’s something that has to be done. It’s best to select people who your children are close to – ideally family members. Grandparents and aunts and uncles can make great guardians, as long as they’re in good health, that is. As can close family friends. Who you choose to be your children’s guardians is up to you, just make sure to pick people you trust.
- Make a will
Once you’ve selected who you want to be the guardians of your children, the next step is to make a will. This should include all the information about who your kids are to go to in the unlikely event of your death, and who should get your estate. The chances are that you’ll want to leave this to your children and their guardians. So that while they’re growing up, they have everything that they need.
Often, when we think of making a will, we presume that it will be a complicated and expensive process. However, that’s not the case, making a will does not have to be costly or time-consuming. In fact, you can even make a will online. So there’s no excuse not to get one made up – nothing’s more important than preparing for your children’s future.
- Start saving for your children’s futures
Be it for college, a first car or a deposit on a house, it’s crucial that once you have kids, you start saving for them. Even if it’s just a few pounds a month, it doesn’t matter. Open up a high-interest savings account and pay a small amount into it each month. That way, when your kids reach 18 or 25 – or whatever age you choose, they’ll have some savings to fall back on.
We all need a helping hand getting started, which is why it’s great to give your kids a financial buffer for when they’re older. College is expensive, as is buying your first car, which is why saving up for your children’s future is so important. Whenever they get money for Christmas or birthday, give them half of it and pay the other half into their bank account. So that when they get older, they’ll have money to fall back on.
To protect your children’s futures, you need to do these three things as soon as possible.