The Mommyhood Chronicles

Product Reviews, Giveaways and Everything Mommy!

  • Home
  • About Me
  • Birth Stories
  • Disney/All Movie reviews
  • Humor
  • Reviews
    • Kids/Babies
    • Moms & More
  • Giveaways
    • Enter to Win
    • Winner’s List
    • Past Giveaways
  • PR
    • PR Information
    • Contact Me
    • Disclosure/Privacy Policy
  • Recipes
  • Travel

March 1, 2014 By Melissa

Living the American Dream With Mass Mutual! #MC

*I participated in an Influencer Program on behalf of Mom Central Consulting for MassMutual. I received a promotional item to thank me for participating.*

I still believe in the American Dream. I know, the economy is still barely inching back from the downturn, and it is hard to keep the faith in the economy.  Still I think about my grandparents’ lives and then my parent’s lives, and can see the progression of the groundwork those previous generation laid.  It is evident how they paved the way, and how much more my husband and I have been able to do for our kids because of them.  I still believe that America is the land of opportunity, and I am a perfect example! I mean look at my blogging career! Just over two years ago I was just starting out and now it is flourishing. Hard work and determination can pay off!264237_10150240054444356_7205680_n

This is still the land of opportunity, but I guess now more than ever we have to be strategic in our financial plan. Mass Mutual has released a report entitled Mass Mutual’s State Of The American Family ( http://bit.ly/1oMZOAH) that is such an interesting read on this topic. According to the report only 20% of people surveyed are satisfied with their current financial situation.  Most people have similar worries no matter their economic status. Saving for college, retirement, not burdening their kids in old age, and teaching kids how to be responsible with finances. Almost 80% of adults agree it is important to save for their children’s education, but it is overwhelming to even begin to think about it.  74% of parents think it’s never too early to start saving for college, and I totally agree! The Mass Mutual report includes information on seminars in your area on saving for your kids education and fun worksheets to do with your kids to help them learn about financial responsibility. As a mom, I find it very important to teach my kids at a young age about finances and such.

Screen Shot 2014-03-01 at 10.18.24 AMI think everyone has their own version of what the American Dream might look like depending on their frame of reference. For us, our dream is to live comfortably and be able to provide enriching experiences for our kids, along with of course the basics of food and clothing, to be able to provide the best education possible and see them grow to be healthy, happy adults. We don’t want them to have the burden of taking care of us financially, so saving for retirement is important to us , as well as being prepared for emergency expenditures that my come up. We also have the American Dream to pay off our student loans, our mortgage, and our car payments. I think with the right financial planning, we are well on our way.

Another interesting statistic from the report says that while 65% of people believe that it is their responsibility to prepare for retirement, only 30% feel like they are doing a good job at it.  Our American Dream sounds pretty basic, but there are lots of moving parts to fulfilling this dream.  I feel like it will be even tougher for our kids to sustain the quality of life that my husband and I have built for them, and we hope to make it as easy as possible through good education and financial planning on our part for them to do so. It is interesting to see what Mass Mutual has to say in the report, and to see where the country is as a whole on the matter. If finances are on your mind you can check it out at MassMutualFamily Finances, and it may help you to better understand your finances.

15 Delectable Fruit Pie Recipes!
SPLENDA® Brand #SweetSwaps tips!

Comments

  1. Robin (Masshole Mommy) says

    March 1, 2014 at 10:27 am

    My husband is in charge of retirement planning in our house. He’s a tax accountant, so he has a really good handle on how those things work & he insists we’re going to be all set by age 58.

  2. April Mims says

    March 1, 2014 at 11:01 am

    The statistic about how many people are planning for their own retirement is alarming! Even if Social Security is around when some of us get to retirement age, it’s not enough to allow people to live above poverty level. I don’t think you necessarily have to hire a financial planner, but you definitely need to be knowledgeable and plan ahead!

  3. Tammi @ My Organized Chaos says

    March 1, 2014 at 11:15 am

    We’ve been planning for our retirement since we had kids. I think we have a good solid plan in place, thankfully! I’m happy we started early!

  4. Tough Cookie Mommy says

    March 1, 2014 at 11:35 am

    It’s so important to have a financial plan for your family. It is great to establish short-term and long-term financial goals.

  5. Grace Hodgin says

    March 1, 2014 at 11:40 am

    It is always great to have a financial plan in place and I agree with you in that it is still possible to have an American Dream even though the economy is sluggish.

  6. amanda ripsam says

    March 1, 2014 at 11:41 am

    retirement age scares both hubby and I. We both can’t seem to get a head no matter what every time we start saving something else pops up such as the van breaking down, or kids going off to college three of them starting soon one all ready accepted. Then you throw in a 6 year old in the mix and it’s just caos after caos. I am sure that in a few years we could be better off as were buckling down now with a budget. Fact is in our house we need both incomes and I simply can’t work do to my health issues.

  7. Veronica says

    March 1, 2014 at 11:42 am

    The American dream fir me definitely includes financial security. I believe in having a financial plan for my family since I’m a single mom

  8. Emily says

    March 1, 2014 at 11:54 am

    I am so thankful that I listened to my parents and started saving for retirement as soon as my employer offered it to me. I was 22, and contributed the maximum that I could and had a fantastic company match! Now that I am a stay-at-home parent, with no company match, I’m so appreciative of the head start that I have on retirement savings!

  9. Karen - Desert Chica Ramblings says

    March 1, 2014 at 12:15 pm

    I think a financial plan is so important for all families, no matter their goals. You just can’t wing it! And speaking of a financial plan, I know ours needs to be reevaluated again, thanks for the reminder!

  10. Jennifer Wiliams says

    March 1, 2014 at 12:26 pm

    I am not sure what my vision of the American Dream is anymore. Probably about the same as yours. I think many get tied up in the material things they think are the American Dream. I would rather save money for the future than have things now that I do not need.

  11. Janel says

    March 1, 2014 at 4:03 pm

    I think the key to financial happiness comes from living debt free, within your means, and saving. If you do that – no reason you shouldn’t live comfortably.

  12. Elise says

    March 1, 2014 at 9:11 pm

    Financial security is definitely the American dream for me. It’s so important to live within – or below – your means to achieve that.

  13. Mel Cole says

    March 2, 2014 at 7:27 am

    Same here. It’s my husband who handles our finances and I get to understand it because of him. It’s important to keep records and reconciling the bank accounts every week.

  14. Rosey says

    March 2, 2014 at 8:49 am

    I started early and years ago, had everything in place, on track, no worries. And then we moved out of state (major health problems for FIL). My retirement was state affiliated. I can’t be involved with it where I am (out of state). Such a huge loss. Sometimes glitches come up, and then you really start to scurry. 🙂

  15. Aisha Kristine Chong says

    March 2, 2014 at 9:51 am

    Goodluck to you and your family. As for me, still too young for those but I’ll probably take everything into mind once the day comes that I go into that decision.

  16. Melanie Burbage says

    March 2, 2014 at 2:31 pm

    We actaully don’t have a plan, it was pretty torn up when we sold the house and lost more money out of that. It really messed out plans up but we are working on planning again

  17. Nikki says

    March 2, 2014 at 3:42 pm

    My American dream is to just be financially stable. That’s it at this point. I’m getting there! Slowly, but it’s happening!

  18. Eliz Frank says

    March 2, 2014 at 4:03 pm

    Thank you for the informative post… Sadly, a lot of us in this dear nation are not entirely read for retirement… But giving up is not an option.

  19. Marielle Altenor says

    March 2, 2014 at 9:40 pm

    Here in Quebec they are really big on saving for the future. I started saving since I was 22 For my RRSP and when my son was born we open an account for his education. We want to give him the future we didn’t have because our parents didn’t think of saving.

  20. Amber Nelson says

    March 2, 2014 at 11:25 pm

    I think we all want to be financially secure when we get old and ready to be done.

  21. Le-an Lai Angeles Lacaba says

    March 2, 2014 at 11:53 pm

    “The american dream” has now been redefined a million times over, and to still want it means that the dream isn’t over yet. I hope things would be better for your country.

  • Email
  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Like Me On Facebook

Ambassadorships

1610981_10156695485515228_1308501521223261403_n 10998655_10102966205477367_5974498126469600714_n
Generation Graco Ambassador unnamed-8
Screen Shot 2016-07-11 at 1.01.30 PM

Affiliates

badgeExternal_contributor sofab Mom It Forward: Blogger Network pollinate massive sway Everywhere Infinite Sweepstakes Free Giveaways

Me!

Zane

Hayley

Taylor

Blog Archive

Copyright © 2025 Melissa Weintraub Pezza
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the ...
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT