Turning eighteen is a significant milestone in many people’s lives. While teenagers may have felt grown-up long before the “Big One-Eight,” now they are legally recognized as adults. Adulthood may bring a mixed bag of feelings of freedom and trepidation.
We know ―goal setting itself may not be exciting and fun, but it sure helps you to achieve your dreams and ambitions. From funding a vacation or home improvements, to securing a comfortable retirement or a child’s education, planning for goals is vital.
Most parents have already heard the bad news: a good education, especially college, has never been more expensive. Greater government financial support for higher education is a perennial hope, but not guaranteed. Even public K-12 can be a financial challenge – with a variety of additional expenses not always covered by the school, like materials for special projects, musical instruments, sports equipment and extra-curricular travel expenses to name a few.
As new college graduates, young professionals, and others in their twenties launch their careers, they get bombarded with tempting ways to spend money. For many, handling a more considerable income and “adult” expenses like rent, utilities, and insurance, is a new experience. Now more than ever, money management will be a skill needed to meet future saving and investing goals.
Given the amount of research available, it’s safe to say there are intriguing paradoxes about women’s relationship with money. According…Continue Reading