Money Magazine Advice for Helping Your College Grad

May 25, 2011

I just read a decent article over on Money titled, Financial Tips for Recent College Graduates.

As a parent, I hope my kids understand the importance of budgeting BEFORE they go to college.

I also hope that I will do a good job at helping my kids understand the importance of saving money for an emergency fund, down payment on a house, future purchases, and retirement.

Being financially responsible is basically a lifestyle choice. I understand a college grad’s desire to spend their money on a new car and a fancy apartment but if you can get through to them BEFORE they waste their money on such things, they will thank you when they are thirty.