As people get older, health insurance becomes increasingly important, and sometimes, more complicated to understand. If your parents are getting close to the age of 65, they will soon be eligible for the government health program for seniors, called Medicare. The more you learn about Medicare, the more helpful you can be to them as they try to make the best decisions about their healthcare.

If you are working and have good credit, you may get a request to co-sign a loan. Your kids need cars. Your parents want to fix up the fixer-upper they bought. Your brother wants to go back to college and get his life together. You aren’t obligated to say yes, but of course you’d like to help out. But before you sign on the dotted line, understand the risks.

Tax planning is probably the last thing you’re thinking about on the happiest day of your life, but after the excitement of your wedding has settled, it’s wise to start financial planning. Once you get married, your tax situation will likely never be the same. Everything from your filing status to your tax bracket can change. You may end up paying more in taxes if you don’t plan ahead.

It takes time and effort to teach kids about money, but it pays big dividends over time. From a young age, children learn from their parents about how to manage money and regulate spending. Help your kids develop good habits by following these tips.