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For Parents: Best Graduation Present EVER

Congratulations to the class of 2024! If you’re the parent of a graduating high school senior, congratulations to you, too! This spring will be a whirlwind of special assemblies, final concerts, awards ceremonies, prom—and presents! You may have bought that showy car for graduation—or a new computer for college.

You’re probably realizing that graduation also brings a role change for you. Your new graduate is legally an adult for many purposes. 18-year-olds can marry and vote, and (males only) must register for the draft at 18. They can purchase a gun (subject to individual state laws). If your graduate is college bound, you may have learned that colleges are required to meet privacy rules under the Family Educational Rights and Privacy Act (FERPA). That means that in any college or university that receives federal funding, access to the student’s records is tightly restricted.

Recent Money Matters Blog Posts:

What is the difference between a bookkeeper and a daily money manager?

What is the difference between a bookkeeper and a daily money manager?

People have a place in their mental mind map for a bookkeeper, but they may never have heard of a daily money manager before. Both keep an eye on day-to-day finances, but daily money managers are distinctively different from bookkeepers because of who they serve, and they have different skill sets.

A Daily Money Manager will help you and work with your financial team

A Daily Money Manager will help you and work with your financial team

In your financial life, it’s important to have a team of trusted advisors to help you make the best financial decisions for your present and your future. Knowing your strengths puts you in a great position to be able to build a great team. Your daily money Manager is familiar and works with a variety of professionals to organize your financial life to help you. A daily money manager walks beside you to review what is already in place and help you build the team with all the necessary players.

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