As parents swing between the excitement of going through the latest dorm checklist from Target or cry in their morning coffee cup while making hotel reservations for the college move in date, they shouldn’t overlook the most important checklist, the adulting checklist. The reality is that heading off to college also marks the transition to adulthood. While many see college as a sort of intermediate step to becoming a full adult, as far as the law is concerned, your 18 year old is an adult. So take the time to go over the following adulting topics and make sure you have them covered by move-in day.
Teen Independence
Why Teen Checking Accounts Should be Part of Your College Prep
Parents make sure that their kids are prepped for the college admissions process. They make sure they take the right classes, get the appropriate grades, study for the ACT or SAT, and participate in extracurricular activities. But do they make sure they’re equally ready to handle the financial aspects of independent living? Students may be able to do the math to calculate interest rates yet 43% don’t understand the differences between debit and credit cards.