š š What Does Your Teen Need to Know Before Leaving for College?
- parentsfin
- 4 days ago
- 2 min read
.Ā College means independence ā including financial independence. Is your teen ready to manage their money?
šĀ Grab our book: Financially Independent TeensšĀ Available now on Amazon šĀ https://tinyurl.com/r8xy3vešĀ Or visit our website: https://parentsfin.wixsite.com/website/books
Heading off to college brings a whole new level of responsibility, especially when it comes to managing daily finances. Your teen needs more than just a bank account ā they need to understand how to budget, make smart buying decisions, and manage credit responsibly.
š³Ā A strong credit score can make or break their college experience. Landlords may check credit before renting, and utility companies might ask for steep deposits if credit is lacking. Teaching your teen the basics of credit early on gives them a head start ā and opens doors.
šĀ If your teen has paid employment, encourage them to open a retirement accountĀ and take advantage of any employer match. Investing early allows time for compounding and market growth ā a powerful advantage!
šĀ College financial aidĀ can be tricky to understand. Itās crucial to compare options and consider the full cost of education ā including how long it will take to graduate. Graduating in four years instead of five or six saves thousands in tuition and living expenses, while helping your teen start their career (and income) sooner.
Financially Independent TeensĀ is written for both teens and their parents. It dives into essential financial concepts using relatable stories and examples to make it easier to understand and apply.
We cover:
Setting up checking and savings accounts
Budgeting basics
Saving and investing
Understanding and building credit
Evaluating student loans and college costs
š”Ā Whether your teen is just starting to explore their financial future or is preparing to leave for college, this book offers the tools they need to make confident, smart decisions.
šĀ Find Financially Independent Teens on Amazon today šĀ https://tinyurl.com/r8xy3ve
#ParentsOfTeens, #CollegeBoundTeens, #TeenMoneySkills, #SmartTeenFinance, #TeenBudgetingTips, #FinancialLiteracyForTeens, #RaisingFinanciallySmartTeens, #HighSchoolToCollege, #ParentsWithSeniors, #TeenCreditTips, #CollegePrepParents, #TeenBudgetBasics, #TeenSavingsPlan, #CollegeFinanceGuide, #GraduateMoneyTips, #MoneySkillsForLife, #TeenMoneyTalks, #TeensAndMoneyMatters, #PreparingTeensForCollege, #InvestingForTeens, #FinancialIndependenceForTeens, #MoneySmartsForTeens, #TeenRetirementSavings, #TeachingTeensMoney, #CollegeFreshmanMoneyTips, #HelpingTeensThrive, #ParentingCollegeStudents, #MoneyBeforeCollege, #RealLifeTeenSkills, #LaunchYourTeenRight
Ā
Comentarios