Why are so many of us penny poor before our next paycheck comes? We're not good stewards of our money. ... It's crucial to save for what you say you value: a home, college and retirement.
I use my financial values to set my limitations. I have three children I want to put through college debt free. So that means I can't spend wildly or with disregard.
I've decided to keep working until my last kid is thu college.
Once you finish paying for college you could reduce your life insurance.
Set up rules for when you will "give" not lend money. Never lend. My people know that I'll help with college. I'll help if they lose they job thu no fault of their own.