Money

It is not easy to manage money, but this is a very important part of becoming an

independent adult. When you start your first job (which will probably be a part-time job),

you will be expected to take on some of the financial responsibilities for your won care

that were previously met by your parents or guardians. Perhaps you will have to buy your

own clothes. You will certainly have to pay for your own lunches and for your

transportation to and from work. “You will have to learn to live within your means,

which means spending no more than you earn, or but buying things for which you cannot

pay” (Krammer and Petrie 154).

If you are to be successful in living within your means, you must have a plan for

spending. People who do not plan often end up in trouble with credit accounts. College

students are particularly at risk of overdoing it with credit if they use the many

unsolicited credit cards that come to them in the mail almost as soon as they check into

the dormitory. Jones tells parents to be sure that their college-age students leave for

college with a sensible spending plan and lessons on how to use credit (29).