Protecting Your Family Nest

How many people would have to be hired to do all the things you do for your family?  Salary.com estimates the average stay-at-home mom would earn $117,867 per year if she were paid for all the work she does.  Those figures blow my mind, as a stay-at-home mom I only wish I were to get that kind of income each year.  However, I wouldn't change my status for anything - the bonding and the memories are worth much more than that!
 

Did you know that half of Americans say they are under-insured? That’s 58 million* of us. And 70%* of people with kids under 18 say they would be in serious trouble if something happened to the primary breadwinner.  It scares to to think what would happen to our family if we didn't have the proper insurance coverage for our family.

Luckily my husband is very insurance savvy and knows what to do to take full advantage for our family and to support our future in the event of an emergency.  Even before we were married and had children, my husband had his insurance needs effective and working for the future.

When our children were born we immediately started savings accounts for them and started putting a minimum of $20 in their accounts each week.  It may not be much but it adds up quickly.  Once they had enough money in their savings accounts we rolled them into CD's to maximize their earnings.

By saving even $20 a week, it adds up to a whopping $960 a year.  Proof that every little bit really does add up!  This is a very valuable lesson that I have already taught both of my children, ages 10 and 7.  By saving now I won't have to worry as much later in life.  That is very comforting and helps put my mind at ease.


There's one important thing that I've learned over the years and that is that you can never have too much insurance coverage.  Life isn't a guarantee and unexpected things can happen at any given time.  It's always better to be prepared as opposed to being left feeling shocked and totally lost with no direction to go.

Most people feel overwhelmed when they think about this stuff. Your local Allstate agent can talk you through your situation and help you plan for the future today. Allstate and their agents have been helping customers protect their families for over 50 years.
 

About Allstate Life Insurance

The Allstate Corporation is the nation's largest publicly held personal lines insurer. Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies and Allstate Personal Financial Representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.



I wrote this blog post while participating in the SocialMoms and Allstate blogging program, for a gift card worth $50.