While a new born child calls for a lot of celebrations, it also gives rise to additional responsibilities for the parents.
In this episode, Royal Standley covers the financial aspect of having a new child. Join him as he walks through the 3 most important things every new parent must look at – estate planning, life insurance and a long-term savings plan for your child, whether it’s for college, their first home or starting a business.
In this episode, you will learn:
- How to secure your child’s future, should something happen to you or your spouse
- Why we recommend every parent to have a life insurance coverage that can provide sufficient financial support to your loved ones
- The importance of establishing a savings plan as soon as your child is born
- And more!
Tune in now to learn how you can build a solid financial plan and give your child a financial head-start in the future!