SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
5610 Ward Road, Suite 300 Arvada, CO 80002
9200 E. Mineral Avenue Centennial, CO 80112
Phone: 303-252-0852
Website: www.walshfinancialsolutions.com
July/August 2018
Departing Advice for the College-Bound
You spent 18 years looking after almost every aspect of your child’s life. Soon, your child will be off to college and independent. Help your child prepare for a life of independence – and responsibility – by going over some life basics.
Bank Account Basics
College-bound students need to know how to balance a checkbook, and that bounced checks cost a lot of money. Emphasize that an ATM card is not free money but merely simplifies withdrawals from a checking account.Finally, to encourage saving regularly consider an agreement where you match each dollar saved, even if it’s only $20 per month.
Establish Credit
College students may benefit from establishing their own credit as first-year students. Because high interest charges adds up quickly over time, teach your student to pay off any balance monthly so burgeoning interest charges do not make life difficult. Building good credit while in school can translate into cheaper credit when college students graduate and look to buy vehicles and rent apartments.Health Insurance
Before your child takes off, make sure you are not automatically charged for college-sponsored health insurance. Generally, you can now add or keep your children on your health insurance policy until they turn 26 years old.Let Go
Teaching money basics to your child now will allow you to let go and watch your young adult blossom.CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Advisory Services offered through Walsh Financial Solutions or Vanderbilt Advisory Services. Securities offered through Vanderbilt Securities, LLC. Member FINRA, SIPC. Registered with MSRB. Walsh Financial Solutions and Vanderbilt Securities, LLC are separate and unaffiliated entities. Clearing agent: Fidelity Clearing & Custody Solutions. Insurance Services offered through Vanderbilt Insurance and other agencies. Supervising Office: 125 Froehlich Farm Blvd, Woodbury, NY 11797 631-845-5100
For additional information on services, disclosures, fees, and conflicts of interest, please visit www.vanderbiltfg.com/disclosures
Walsh Financial Solutions, LLC and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.