All around the country, newly minted high school graduates will soon be heading off to college. They‘ll be taking a lot of things with them, but statistics tell us that financial literacy is not likely to be one of them. If I could spend a little time with these awesome students, I’d attempt to cram the basics of money management into their heads and then pray that they penetrate their hearts.
A Budget Is Your Friend. That Means ...
1. You have a written plan for how you are going to spend and manage money.2. You use that written plan like you would a road map, consulting it often.
