Celebrities savvy with savings

Parenthood changes everything

Sara Evans
Country music singer

Bankrate: When did it dawn on you that you should be thinking about saving money for your children and for yourself?

Sara Evans: As soon as I had Avery, who is 8 now. I have an incredible business manager, and he and his assistant came out to the house and said, 'OK, now that you have a son, this is what you need to do. You need to have a living will, you need to set up this and this and save for college ... you all need to have insurance.' Before Avery, it wasn't important because it was just me and Craig. Having children really makes you look at things a lot differently because I want them to be taken care of.


Lesson learned: Saving and financial planning affect your entire family.

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