When should I start planning financially? (Examples: Car, house, college tuition, laptop, e.t.c...)
I think financial planning should begin the senior year of high school or junior year if possible. Within a year the child would be going on to college and living on their own and should know how to manage money so they wont spen the rest of their adulthood paying off loans and grants. Also it's good start planning financially early as high school because if they want to go to college it;s expensive with books, tuition, living expenses, they want to be able to have money to spend on luxurious things and money being saved can be used for all of the above.
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