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    mportant for you to lay down some financial ground rules and help your child gain an understanding of basic money matters prior to enteri
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    You understand how easy it is to spend money and the importance of managing expenses and cash flow. But have you shared this wisdom with your children?

    While a well-rounded high school curriculum is essential for preparing a child for college, nothing can transition a collegiate student into the world of independent adulthood better than being financial responsible.

    Overspending is more often the norm rather than the exception with college students between school supplies, books, food and the midnight pizza runs. This is why it is important for you to lay down some financial ground rules and help your child gain an understanding of basic money matters prior to enterin

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    your children?

    While a well-rounded high school curriculum is essential for preparing a child for college, nothing can transition a collegiate student into the world of independent adulthood better than being financial responsible.

    Overspending is more often the norm rather than the exception with college students between school supplies, books, food and the midnight pizza runs. This is why it is important for you to lay down some financial ground rules and help your child gain an understanding of basic money matters prior to enteri

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    collegiate student into the world of independent adulthood better than being financial responsible.

    Overspending is more often the norm rather than the exception with college students between school supplies, books, food and the midnight pizza runs. This is why it is important for you to lay down some financial ground rules and help your child gain an understanding of basic money matters prior to enteri

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    mportant for you to lay down some financial ground rules and help your child gain an understanding of basic money matters prior to entering college.

    a. Discuss expectations – both yours and your child's.

    b. Provide a lump sum each semester, making it clear how long the money will have to last.

    c. Explain when checks will come, their amounts, and any rules about their use.

    Don't just tell your child to be financially responsible; show him or her how to do it. Illustrate how to manage expenses and cash flow with real-life examples from your business. If your child has a job, help him or her to set up a basic bookkeeping system to keep track of income and exp

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