New college graduates are on the loose and out building their new work wardrobes for their first job. Are you a proud parent and grandparent? In addition to celebrating with them over parties and gifts, now is the time to give them the gift of financial independence too. As they start their first jobs, you might ask yourself, «Is my child prepared for the financial responsibility that comes with a full-time job and living on their own?» Right from the start, you want them to develop savings priorities and healthy spending habits. Here are some tips to help you point them in the right direction.
