What's the Best Way to Give Your Grad a Financial Head Start?
Dear Readers, It happens every year. As grads get ready to enjoy their upcoming independence, I start getting questions from concerned parents who are well aware of the myriad financial responsibilities their new graduates are going to face. They want to help—just enough to get the kids started, but not enough to destroy their motivation.
I’m all for one generation helping the next, but it’s a balancing act for sure. Realistically, with today’s competitive job market, we can’t expect our kids to land their dream jobs right out of the gate. But we can expect them to be responsible, resourceful and aware of the importance of making good financial decisions no matter their job or their starting salary.