Laying the Foundation: Investing in Your Child's Future

Laying the Foundation: Investing in Your Child's Future

Published November 2, 2010

We all want the best for our children, but with so many options out there, where do we begin? How do we know which combination of resources will best benefit our children and ensure they have everything they need to become successful adults? The planning begins long before your new baby comes into the world. The following is a series of tips to help parents, both new and old, get their child on the fast track to success.

There's a lot of truth to the saying, "if you don't have health, you don't have anything." Ensuring that your child enters the world healthy and happy is important, and in many cases, is an easy process. Be sure to schedule regular prenatal visits during pregnancy to check on your baby's health. After birth, establish a solid health regimen with regular doctor's visits and a healthy, nutritious diet.

A good education can lay the foundation for a great career. It's never too early to turn your child into a scholar. It's been shown that reading to your baby in the womb has a number of positive benefits, including building language comprehension. As your child grows, continued reading and interaction will assist in building your child's vocabulary, which can give them a head start when it's time for the first day of school.

For many of us, money is a constant concern and becomes even more so when a child comes into the picture. With the cost of living constantly rising and education expenses soaring, parents are always looking for ways to cut corners and save money. One way to start building your child's financial future is by starting a college fund. Parents and loved ones can commit to contributing a certain amount of money to the fund. To teach your child the value of a dollar, you can get them involved by having them put away some of their allowance or birthday money.

While these tips are only starters, another great way to give your child a great foundation is the gift of life insurance. With a simple low-cost payment, a loved one can give a child the gift of health, education and finances in one kind gesture. Plans like the Gerber Life Grow Up Plan can be cashed in to pay for college and pay off debts, and it can also help teach financial responsibility. While a child will appreciate almost any gift along the road to adulthood, why not give something that can provide them with a great head start?

Written by Sherri L. Smith


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