On May 8, we will celebrate Mother's Day as a way to honor our moms and everything they’ve done for us. To help mark the occasion, we asked our employees to share the best financial advice their mothers ever gave them!
Did Mom ever tell you to save for a rainy day? She wasn’t wrong. The more money you save, the more you can control your own destiny. It’s great to have a savings plan for something specific, but saving money is important even if you don’t know exactly what you’re saving for.
“My mom encouraged me to start saving money at a very early age, including starting my first job at age 14. That allowed me to save up for college and get a great head start on adult life!” – Nicole Oswald, Accountant II
Retirement may not be something you’re thinking about right now, but if you want to fully enjoy your golden years, it’s important to have a plan in place and to start setting money aside.
“My mom always told me to start saving early for retirement, which I have done. Now, I am starting to tell my 15-year-old daughter the same thing!” – Kimberly Christensen, Business Process Improvement Coordinator
Money burning a hole in your pocket? Mom knows that just because it’s there doesn’t mean you have to spend it, and that going into debt for a big purchase is a decision that shouldn’t be taken lightly.
“If you’re not sure you want to buy something, give it a day. Either you’ll forget about it (and you didn’t really want it) or you’ll be sure you really do want it.” – Kristina Johnson, Marketing Strategist
“Budget and stick to that budget! If there’s something you want, instead of just going out to get it with a credit card or loan, think on it first.” – Dineace Minnick, Case Manager
Mom wants the best for you and often cautions you to look before you leap. However, your mother also likely wants you to focus on learning and doing what you love. Sometimes it’s okay to take a risk or focus on your wellbeing.
“'Work to live not live to work and do what you love.' Because of this advice, I have found my perfect job!" – Josie Wetzler, Multimedia Designer
“My mom continues to teach me that it’s okay to take risks.” – Betsy Sprenger, Manager, Quality Control
There’s a lot that goes into managing your money and Mom can be a great resource to share helpful tips. But don’t be afraid to seek advice from a financial professional who can help you navigate your finances and create a plan that works for you. To find the right agent who fits your needs, submit your information through our find an agent page.
“It doesn’t hurt to ask. If you don’t ask, the answer will always be no.” – Gail Dixon, Graphic Designer