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The one piece of financial advice growing families need to heed

August 20, 2020 Article 1 min read
Authors:
Jaime Eckels Wealth Management
We all want to give our children the best experiences growing up, but how does the expense fit into your wealth management strategy? Jaime Eckels discusses in Kiplinger how growing families can look past competitive pressures and forge a secure financial path.
Husband and wife playing with their daughter at home

Some of the best financial advice I ever received was delivered at a funeral.

The son of a client who’d passed away stood up and told a moving story about a childhood summer vacation. His parents couldn’t afford the trips to Disney World that many of his friends could plan and afford. Instead, they put the kids in the car and drove for a few hours until they ended up in nearby Toledo, Ohio, and stumbled across a modest hotel with a pool, where they spent the weekend playing — just as they would be at an expensive vacation resort.

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