The
Steps: |
|
Family
Resources
Section
I /
Section II /
Section III
Independent, in college or a recent graduate with new responsibilities, your relationships with members of your family and handling financial obligations are probably different than before. Your communication with them probably needs new agreements, or policies, involving finances. Take the initiative to show you want to work with them creatively and respectfully to meet both your and their responsibilities.
Family members benefit from your success as a college student and as manager of your own finances. Your education is a family resource. As a human capital asset, your advanced education is an income builder and management tool for your future. Show your family your knowledge and efforts to be informed to validate your independence. Information in this book is a resource. Applying it can increase your confidence in decisions and reduce the risk of errors.
Family resources are both the material and emotional support systems that exist for you within your family network. Knowing who and what you're your supports are and developing personal finance management skills contribute to economic well-being.
What family resources are available for your use on your way to independence?
- Individuals within your family upon whom you depend to listen to concerns, sincerely respond and share advice, or who will direct you to a more helpful source.
- Individuals within the family who have specific education, talents, or knowledge that can assist you in making informed decisions and in accomplishing important tasks.
- Family-owned goods and services available for your use. Goods may include a car, computer, places to stay, and other possessions. Services include any assistance your family offers to meet your needs.
- Monetary support
- Family members' willingness and ability to obtain loans or cosign your loan application to help fill your needs.
- Early inheritance from grandparents, aunts, uncles, or other relatives which contribute to lowering their estate tax burden.
|
Family
- Government &
Community - Education
& Skills - Employment
- Management
- Credit
- Housing,
Vehicles & Equipment - Insurance
- Savings
- Investment
- Financial
Planning
Ability
to Adjust
About
This Book - About
The Author - Purchasing
Information - Associated
Links
Contributors
|
