Setting Financial Goals as a Family

Turn money goals into family wins. Start with a family meeting to discuss dreams: vacations, home improvements, education. Make goals SMART (Specific, Measurable, Achievable, Relevant, Time-bound). Create visual trackers kids can understand—thermometer charts for vacation savings, progress bars for college funds. Celebrate milestones together. Short-term goal: Emergency fund. Medium-term: Car down payment or home renovation. Long-term: College and retirement. When everyone’s invested, everyone stays motivated.