Order 4 Why College Is The Perfect Time To Assert Financial Independence
Many people look at the college years as the time they officially make the transformation from youth to adulthood. For the first time in many of their lives, college students are able to assume responsibility for their own lives. No one is there to tell them what to eat, when to go to bed, or even if they should go to class or not. The best students, and often those who eventually become the most successful once they leave college, are the ones who are able to take this responsibility in stride, proving that they can handle themselves without their parents or guardians holding their hands on every decision they make. And yet many of these same college students are denied the ability to look after their own money.
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And, in accordance with that, it’s also one area of their lives that students, who otherwise would take control of every other facet of their college journey, are willing to allow their parents to handle. Yet they should reconsider if at all possible. That’s not to say they should be responsible for paying their tuitions, which can be way too big a burden for a youth who can’t keep a steady job because of all the hours of schooling. But the day to day routine of handling routine bills and costs is a great place to start for college-age kids to begin asserting their financial independence.
If those same kids would like to learn about the world of investing, a nice place to start is to open an MT4 Trading Account so they can get some expert assistance along the way. The following are just a few of the reasons why parents should be handing over most of the financial reins come college.
Independence All