I spend every free minute possible with my three-year-old son. And it never ceases to amaze me the amount of special treatment he receives. Sure, it's probably the standard treatment for all children, but it seems that he always gets all the extras and extras that life has to offer at his age. An extra scoop of ice cream for your ice cream cone, extra sparks in that cone, free stickers and postcards from the bank and the post office, groceries from the grocery store, and the list seems to go on forever. Sometimes, after a day of errands, one would think it was his birthday or something. So I began to compare your virtual life of bliss and excess with the harsh reality of my financial life. Chico, what a difference there is. I soon come to the conclusion that with respect to all financial issues, you are no longer a child ...
College graduates, wake up!
Take this idea until I graduate of the university, because I think it's about the time when financial reality should begin to be established. Besides being older and, hopefully, more mature, we probably start our first serious job in life, and most importantly, there is no more mom and dad.
The part of being employed is good because it means We have our first serious and steady income stream in life. The second part about mama and papa is the rapper. They were always there for you, right? Always willing to send you money out of thin air just because they thought you might need it. Always there to help fund "extra" projects for the school. And they never seemed to say "no". Trust me, besides being very proud of you for graduating in college, you will also be happy with the fact that you will not have to worry about all this financial support. never more. As the phrase says: "You're all baby!"
What does this mean?
So what does this mean for you? Well, if I could go back and do it again, I would have taken better control of my finances, instead of letting them control me. Now is the time to "lift up the man", "take a step forward", whatever you want to call it. Because it's going to be one way or another, whether you administer it or administer it.
Set the tone
Specifically, what you need to do is create a good and solid set of financial habits at this time, before the bad guys can start. These should include, but not be limited to:
Start now, or you can never < / p>
Each of them could be a complete article in itself, but I think you understand the point. The time to start is now. It is much easier to start and maintain a good habit from the beginning than to break a bad habit and then start the good. I can certainly attest to that. He probably had not left school for more than two minutes before having a fist full of credit cards and could not wait to get them out to the fullest. It took me years to recover from those debts and the same time to unlearn my old spending behaviors and to learn new ones again.
You are no longer a child
The days of the splashes additional and the free balloons are over. The sooner you realize that fact and the sooner you control your finances with a lot of financial habits, the better it will go.
Feel free to share your thoughts and comments on this subject with our other readers and visitors. below.
(photo credit: abbybatchelder)
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