Budget & Tax

No, it’s not personal

November 10, 2017

Jonathan Small

A young person goes off to college. His or her parents work hard, save money, cut expenses, do without, and make sacrifices to pay for school so this young person can get an education.

Soon after, the parents get a phone call. Our young person has mismanaged the money for tuition, books, and room and board by reckless spending. Now our young person is broke and needs more money. Our young person cries and begs, pleads and moans for more cash to make it through.

What do the parents do? Bail out their child giving them a pass? Or bring them home to face the consequences? Both sides surely have good intentions.

Read the rest over on The Journal Record.