Budgeting isn’t just about keeping track of money—it’s about building financial independence and smart decision-making. Unfortunately, many teens head off to college without ever having managed a budget, leading to overspending, debt and long-term financial stress. Teaching your teen how to plan, track and adjust their budget before they leave home can help them develop lifelong financial competency and confidence.
As your teen prepares to leave home for college, they’ll face newfound independence, including managing their own finances. Unfortunately, many young adults head to campus with little to no financial literacy, leading to unnecessary debt, overspending and mounting financial stress. Teaching your teen basic money management skills before they leave home sets them up for financial success, both during college and beyond.
Whether it’s your graduation, an important milestone or special occasion, “thank you” cards can help show your gratitude. People love receiving handwritten cards. Who doesn’t love getting a surprise in the mail?!
“April showers bring May flowers,” goes the old saying. It’s also a great lesson about the importance of saving – where weathering some light showers can pay dividends during the nicer days that are to come.
