For nearly two decades, I've been committed to preparing the most inspiring and motivated college students for graduate/professional school and lifelong achievement. I have learned that my very best students were focused, driven, and disciplined enough to follow these key steps-to-success during their senior year.
Your alarm goes off at 7 a.m. sharp. You decide to hit the snooze button. The alarm stops and you let out a sigh of relief, letting your heavy lids drift shut for a few more minutes. Only, it isn't a few more minutes. You startle awake and have a mini panic attack. You know you won't have time to get ready, so what should you do?
Use the college process as an opportunity to teach financial lessons to your children by getting them involved in the decision-making process around savings and budgeting. By saving early and planning ahead, you and your family will be in a stronger position to tackle all of life's expenses from college to retirement.