What is Family Financial Planning?
Why is it Important to Plan Finances for Your Family?
How to Make a Financial Plan for Your Family?
Common Problems Faced During Financial Planning for Your Family
The main problems you will face while managing finances and investment for the whole family are:
You have to plan an individual portfolio based on each family member’s needs
You have to remember too many account logins for different family members
You have to absorb information that is segregated across accounts
You have to repeat the same actions for each account
We’ve actually done a video covering exactly this topic. Take a look at the video below to understand how the Cube Wealth App can simplify family financial planning for you!