5 Tips to Turn Your College Freshman into a Budgetary Guru
BENGALURU: If your child is one of the millions of college freshmen headed off to school, your August might be packed with shopping, gathering textbooks, and packing up entire rooms. It is obvious to hear the cries “Where did I put those sneakers of mine, mom help me find it!!” But overall, it’s an all exciting time for a freshman, navigating a new college campus, looking for social hangouts, and living on your own for the first time. But with new and great powers for children, comes great responsibilities for parents. So, while to pick out the perfect dorm decor might be the first thing on your “priority list”, don’t neglect the deeper subjects. Your striplings would now be managing their wallets on your own and as a responsible parent you must teach them some money managing tricks. Trust me when I tell you that placing a “Laughing Buddha holding a gold block with his hands in upright position” on the shelf of your child’s dorm won’t really help. What will help though is you being proactive and making them learn to manage their budgets. Don’t get nervous, sit down, and relax as we bring you 5 amazing tips that would surely turn your younger version into a budgetary guru!
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