The other day I wrote aboutmy adult stepson, who already has a very well-paying job just a year out of college. Today he got another well-paying job that is in the career field that he's interested in (as opposed to the other one, which is not).
I mentioned to my husband that I hoped he was saving some of his money and my husband said: "He doesn't need to be saving money. He's only 23."
I could not believe my ears. I'm still aghast by this thinking.
This is why we have more than $55,000 in student loans for his education -- because his father (and mother) were young when they had him and failed to save a dime toward his education (or toward anything else for that matter).
I know my stepson owes his mother a boatload of money and probably has a few credit cards he's paying off as well, but I see no reason why he can't be saving something toward his future -- even if he is just 23....
Not to gloat, but thank God my husband isn't raising Mini Me alone. She may only be 7 but I already have a bank account set up for her that her consignment money goes into (we re-sell her clothes). She's also got a college fund going and I make her put half her allowance into her piggy bank each month.