I always thought that when I grew up, I would be rich. I would have an endless stream of money and life would be easy. Nate and I aren't really hurting financially, but the thing I've learned about money is that it always leads to “money troubles.” No matter what. It doesn't matter how much you have or don't have, there are decisions attached to it and when there is more than one person helping to make those decisions, it's trouble. Money troubles. Budgeting. Saving. Spending. When you're a kid, those decisions seem monumental. Do I buy the Mariah Carey CD or go with her nemesis, Nicki Menaj? And then you grow up and have LESS time to ponder over even BIGGER decisions: savings, investments, college funds, retirement. The mind boggles.
I can totally understand being overwhelmed by it all. Remember when I shared that I shove the boys' birthday money in a drawer and ignored it instead of investing or putting it in a college fund? Too little information causes families to just feel lost. Too much information and you're stuck in analysis paralysis. A new research study by MassMutual found that many Moms have strong hopes and convictions about providing financially for their families, but find it hard to achieve with too much on their plates. When we went and fought for women's rights, we got the right to vote and work and all that…but it seems we didn't account for continuing to manage the house, raise the kids, cook dinner. Glad I'm not the only one who feels like she's in a circus here.
I did a little research over at MassMutual and took their cute quiz to determine my savings personality profile. Turns out I am a Knowledge Craver. Shocking! No really, I do love learning about how to manage our finances…it's just the hectic schedule that gets in my way. They hit it spot on the head with awesome advice to help me get started learning about the options available to my family on their website. They even had fun little games to get the kids involved! I really wish someone would've talked to me about financial responsibility when I was a kid. Probably would've saved me the headache of thousands of dollars in credit card debt. Ouch.
Learn more about family finances and take MassMutual's quiz to get started with your own financial planning!
I wrote this post as participation in in a blog tour for Mom Central on behalf of MassMutual and received compensation in the form of an Amazon gift code to thank me for taking the time to participate.