It’s all about the money

When you start a family, managing your money is probably one of the most crucial things you can do. Now I have never been particularly good at managing my own finances, so it’s been a steep learning curve for me getting to grips with being sensible.

I can think back to times where I had an ample salary and yet I still struggled. I made less than wise choices on what I bought and was frivolous to say the least. I look back and wonder what there is to show for some of my purchases and to be honest a lot was frittered. It makes me annoyed about how flippant I was during my youth but at the same time know it’s all part of growing up.

Now I have a home to run and am mainly in charge of making sure the bills are paid, it’s important to make sure you are getting the best possible service you can from your bank account. Choosing the most suitable bank accounts is crucial to keep your finances ticking over. We have a joint account and current accounts. I don’t think it’s as feasible these days to have only a joint account, especially when most couples work. It makes sense to me to keep certain things separate.

When it came to getting bank accounts for the boys it made me think about my responsibilities to them and for their future savings. Although I am far better now than I have ever been with money, I want to be a good example to my children and hopefully pass on good sense. Having said that, I didn’t listen much to my parents unfortunately…

I know they’ll find their own way as children do but I hope that they had their heads screwed on where their finances are concerned.