The journey our children go through in life from a baby to their toddler years, to a teenager, to their eager years of adulthood can happen so quickly or it can feel like an eternity. Throughout life, you will teach your children many lessons that will help shape them while creating memories that will last a lifetime. Many parents will have children that go on to college and graduate. Amidst the excitement of graduation comes getting a job and preparing your child for the world of finding an apartment and supporting themselves. All those responsibilities can be a lot for a graduate, so it is important for parents to sit down and have discussions about finances to prepare their young adults for their new ventures. One of the first discussions to start out with is income. As a parent, you understand how expenses work and how money flows. One thing to prepare your new graduate for is expenses will work like, utilities, groceries, gas, medical bills, insurance, phone bills, and car payments. Setting them up for budgeting skills will lead them to successful financial habits—another topic to bring up with your child as they begin their journey before graduation is careers. A lot of millennials change jobs so buckling down with a job they love will build long-term success. Lastly, upon graduating we recommend that college students total their indebtedness and pay off anything they owe. By doing this you can be efficient and start planning for something meaningful right away.

Read more here: Article-College-Grad-Financial-Advice_Carlin-Mar-2016