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What's the Best Gift You Can Give a High School Graduate?

What's the Best Gift You Can Give 
a High School Graduate?

     It's near graduation season.  Graduation parties will soon be hosted by proud families everywhere.  Our children's accomplishments celebrated. 
     I don't know anyone that isn't happy or doesn't have high hopes for a graduate.  Especially high school graduates.  

     The future just seems brightest at this point.  So much of life is yet to come.  So much fun.  So many opportunities, experiences, and successes lie before them.

     With all the many options and experiences before them, is it any wonder then that high school graduates are quizzed a lot about their future?  They're asked:  
  • Planning more schooling? 
  • Where are you attending?
  • What are you majoring in?
  • Looking for a job? 
  • Living at home or getting your own place?
     No matter a graduate's choice, just think of all that lies before them in the coming months and over the next few years.  

     If a graduate chooses to forego more schooling, they'll probably be looking for employment soon or continuing a job they already hold.  Some may have the option of living at home for awhile.   

     Others?  They'll be looking to rent their own apartment.  But no matter their choice, they'll be facing decisions on credit, utility accounts, checking/savings, car payments, rent, budgeting of living expenses or more on a daily basis.

     For those attending college or trade schools, Student Loans or other sources of borrowing may be in the mix. Credit cards, debit cards, bank accounts, cash, expenditures, utilities, budgeting, entertainment expenses, and so much more ... all will demand decisions from them.  And many will become decision-makers for the first time in their lives. 

     As a Mortgage Originator, I can tell you from many years of experience ... high school students should be getting asked questions, given opportunities to ask questions, and provided learning opportunities regarding money, financial goals, and the topic of credit far in advance of their  graduation.  

     I can't tell you how many clients I've worked with over the years where the money and credit problems they suffer currently all started soon after high school graduation.  
  • Bad credit decisions were made at college  
  • Bad financial decisions made after moving out
  • Poor financial habits established
  • No concept of budgeting or savings
  • No understanding of credit    

     Parents and guardians need to have multiple and ongoing discussions about financial issues with their children. 

     They should be candid about the pros, cons, and ramifications of their own money management skills.  And they should guide and assist their children in establishing good financial habits and goals as they enter the next phase of their life.  I firmly believe too, that every high school should offer classes about money, credit, finances, savings, budgeting, and borrowing. 

     What's the best gift you can give a high school graduate?   

     The gift of knowledge ... and the "tools" to make sound financial decisions to better avoid serious credit and debt mistakes in the future.  We must see to it that our children are well-educated in these matters.  

     Have that important talk about finances and credit!  That way they are equipped to become strong guardians of their own financial futures.  Now more than ever, it's definitely needed.

     *  Have financial, credit, or mortgage questions?  Hoping to Buy a Home or Refinance in the IL/Chicagoland - WI region?  Contact me today!  I'll be happy to put my mortgage and financial experience and expertise hard to work on your behalf.
     I can be easily found at:

Gene Mundt
Mortgage Originator  -  NMLS #216987  -  IL Lic. #031.0006220  -  WI Licensed
American Portfolio Mortgage Corp.
NMLS #175656

Direct:  815.524.2280
Cell/Text:  708.921.6331
eFax:  1.815.524.2281 

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Gene Mundt, Mortgage Originator, a Lender with 37 years of mortgage experience, will offer you exemplary mortgage service and advice when seeking:  Conventional, FHA, VA, Jumbo, USDA, and Portfolio Loans in Chicago and the greater Chicagoland region, including:  The Lincoln-Way Area, Will County, (New Lenox, Frankfort, Mokena, Manhattan, Joliet, Shorewood, Crest Hill, Plainfield, Bolingbrook, Romeoville, Naperville, etc.), DuPage County, the City of Chicago, Cook County, and elsewhere within IL & WI

Your Referrals are Always Greatly Appreciated!






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