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This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation.

Andrew Wood, Dan Simon and Alison Slezak are Investment Advisor Representatives. Advisory services are offered through CoreCap Advisors, LLC. a Registered Investment Advisor. CoreCap Advisors, LLC and Daniel A. White & Associates, LLC are separate & unaffiliated entities. 

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10 Signs Your Kid Could Be Headed For Financial Failure

July 30, 2014

While parents love to look for signs that their kids are musical prodigies or potential Olympic athletes, many don’t know how to recognize the signs that their teen and young adult offspring are floundering when it comes to money management skills. Dealing with your kids’ disasters is one of the downsides of being a parent, yet the more proactive you are in watching for signs of potential financial failure, the easier it will be to turn around the situation.

 

A parent’s work is never done. Throughout your offspring’s life -- from childhood, the teen years, and into their 20s -- there are times you’ll need to step in to educate your kids about money matters big and small. It can be a lot of work, but the payoff is worth it when you know you’ve done your best to raise a financially savvy person with a strong work ethic and sense of responsibility.


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