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Financial independence seems like an exciting term for a lot of college students. After all, those who are about to graduate have the option to pursue their independence by moving on to build a life that is separate from their folks. However, given the financial situation of college students and how they are burdened with student loans, a lot of them have decided to move back in. According to an article published on Time.com, the biggest worry that college kids face today is money. The study was done by Ohio State University and it revealed that 7 out of 10 students feel stressed about their finances. If they are worried about their finances and they fail to deal with that situation the right way, it could destroy their financial confidence. It may be premature to assume but having a bad financial experience could traumatize these students can make them apprehensive about being financially independent when they graduate. This is especially true if they are not confident about their job prospects. They might decide to delay their independence and move back home. Clearly, there is nothing wrong with moving in with your parents. There are actually a lot of benefits because it will allow you to strengthen your finances without giving up on a lot of comforts. Of course, you are still going to pitch in and contribute at home. But the expenses will not be a great as when you live on your own. That means you have more extra money and you are free to decide how you will spend it. You can choose to make bigger payments towards your debts or you can use it to build up a sizable emergency fund. While living with your folks definitely has a lot of benefits, that does not mean you will stay there forever. You have to move out sometime and establish your financial independence. To avoid confusion, the independence that we are referring to is the one that means college graduates will be financially independent of their folks. They will not rely on their parents to provide for their needs. They will finance their own expenses and they should aim to do a good job with it. A short stint with your folks may prove to be beneficial to your finances but you know that it is only temporary. Sooner or later, you know that you have to move out and declare a complete financial independence. The question is, how can you make it a successful one?