RSS

What spooks you about finances?

27 Oct

(Originally posted on USAA’s Inside the Mission blog)

At some level, we probably all have fears about finances.  As Halloween approaches, I’m wondering what spooks people the most about money. Are you afraid of looking at your bills each month?  Do you dread talking to your spouse about spending?  Are you worried about what the continued sagging economy means to your family? Here are my top 3 concerns about finances.  What are yours?

  1. Will I have enough for retirement?  Although USAA has a great employee 401k plan, it seems that maintaining even a modest lifestyle in retirement will require more than I could ever realistically sock away.
  2. Will my children have enough saved to go to college?  When each of our kids were born, we started 529 savings plansfor them, but the costs of education continue to skyrocket (maybe that’s why they call it “higher education”?).
  3. Will I need to provide for parents or other family members as well as my own family? I’m officially in the “sandwich generation” – so will caring for aging relatives prevent me from reaching my own financial goals?

While financial fears can be quite real, it’s good to know that USAA has tons of money advice, planning tools and other resources, right here on this site. Use the comment space below to post your own top 3 list, as well as what you do to overcome your fears.

Advertisements
 
2 Comments

Posted by on October 27, 2011 in Family, Thoughts, Work

 

Tags: , , ,

2 responses to “What spooks you about finances?

  1. jbronson1

    December 6, 2011 at 3:36 pm

    Good post…Makes me think of… “That money talks/I’ll not deny,/I heard it once:/It said, Goodbye.”
    ~Richard Armour

     
  2. Shubham

    May 30, 2012 at 1:02 pm

    Was very enjoy to find this site.I would like to thank you for this nice read!! I clearly glad every liltte bit of it and I have bookmarked to check out new stuff you post.

     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: