Financial Planning Advice to Offer Your Adult Children
Earlier this month I had the honor of being the commencement speaker at Penn State University, my alma mater.
As I addressed the business school graduates I reflected on my years immediately following receiving my diploma 15 years ago. What were my best lessons learned? How did I make the most of my financial life as a young adult? How could I have been better prepared for the financial twists and turns ahead?
It’s ironic. I majored in finance but none of my classes prepared me for my own personal financial challenges. This is the sort of stuff that, if we’re lucky, we might learn from those who are older and wiser.
So parents, if you have a child who graduated this year or is soon to leave the nest, take the opportunity to share some remaining financial wisdom that will serve them well in the years to come.
Head over to the Mint blog for some of the lessons I learned in my early 20s and financial advice money and parenting experts say is critical to give a young person as they enter the Real World.