Family Financial Planning
School fees in London, retirement in Spain, wealth that outlasts you. Whatever your family is planning, Know Your Dosh puts everyone behind one plan, trusted by households tracking over £200 million in assets.
Family financial planning means putting everyone’s numbers, goals and decisions in the same place, rather than each person managing their own corner and hoping it adds up. It turns money from something everyone worries about alone into something the household plans for together.
Agree what you’re aiming for, the house, the school fees, the early retirement, and keep it where everyone can see progress.
When everyone looks at the same numbers, money talks stop being arguments and start being decisions.
From the main earner to the teenager with a Saturday job, each person sees how they contribute to the plan.
Ten minutes over dinner with the dashboard open beats a once-a-year panic with a shoebox of statements.
Life changes, jobs, babies, moves abroad. Review goals together and adjust while adjustments are still small.
Kids learn by watching the household budget; grandparents stay protected from scams with family eyes on the accounts.
A real family plan covers more than a budget. Keep the big, boring, important things in view too.
Life doesn’t ask permission before it throws a curveball: a job loss, an illness, a boiler that gives up in January. Protection and emergencies planning is about making sure one bad month doesn’t turn into a bad year. That means an emergency fund big enough to cover the essentials, and a clear look at what insurance or protection cover the family actually has, rather than assuming it’s sorted. Done properly, it’s the difference between a stressful setback and a genuine crisis.
Retirement planning as a family means looking at everyone’s pensions and savings together, not just your own pot in isolation. It’s easy to lose track of old workplace pensions, or to assume someone else in the household has it covered when they don’t. Bringing it all into one view makes it far easier to see whether you’re actually on track, and what adjusting today could mean decades from now. With families using Know Your Dosh across 100+ countries, retirement wherever you retire isn’t a slogan, it’s how a lot of households already plan.
Estate and legacy planning covers what happens to your money, property and possessions when you’re no longer here to manage them, and it matters at any level of wealth, not just for large estates. A will, up-to-date beneficiaries, and a clear picture of your assets make things simpler for the people you leave behind, at a time when simple is exactly what they need. It’s also worth revisiting as the family changes: a new child, a house bought, a relationship that’s shifted shape. Most families put this off longer than they mean to, mainly because it’s an uncomfortable conversation to start, not because it’s a complicated one.
Pick the two or three things that matter most this year.
A short monthly check-in keeps the plan honest, and everyone on side.
Registered with the Financial Conduct Authority, so your family’s data is handled to UK banking standards.
AES-256 and 256-bit SSL encryption plus two-factor authentication protect everything you add.
Role-based permissions mean each family member sees exactly what you choose, nothing more.
Most families do well with a quarterly check-in on the numbers, and a fuller review once a year when income, goals or circumstances have shifted.
A solid plan covers the whole picture: day-to-day budgeting, an emergency fund, protection against the unexpected, retirement savings, and what happens to your estate further down the line.
Start small and age-appropriate: pocket money and simple saving goals for younger children, a look at the household budget for teenagers, and honest conversations about bigger decisions as they get older.
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