With the cost of living and child-rearing on the rise in recent years, sound financial planning is now more essential than ever, whether you’re a couple or living in a multi-generational household. Everyone should establish clear and achievable savings goals as early as possible, in order to build a financial safety net for the family. Today, let me share with you some practical tips on family budgeting and saving, so you can better prepare for the future!

In Hong Kong, the belief in ‘standing firm by 30’ is deeply ingrained. This age marks a significant turning point in life, as well as a crucial time to assess and carefully plan your finances. Many people ask, ‘How much should I have saved by 30? How can I save money in a way that meets my current needs while also securing my future?’ While there is no fixed answer, these questions highlight the importance of saving. Savings are the foundation of financial management. In this article, we will explore the financial goals you should aim for by 30 and effective saving strategies to help you navigate challenges with confidence and lay a solid foundation for your personal goals.

An education fund is not just about covering school fees—it is about securing your child’s long-term aspirations. This includes funding university education, professional training, or even providing capital for entrepreneurship or a first home purchase. By starting early with savings and financial planning, parents can ensure their children have the necessary resources to pursue their dreams and ambitions when they reach adulthood. So, how should parents plan for their child’s education fund? What are the common education fund options and wealth transfer tools available? Today, we will explore these in detail.