Helping Your Child Develop Financial Independence

With early lessons, children can develop
financial independence and strong
credit scores.

This time of year can be an emotional one for parents with high school and college graduates. Graduation ceremonies make for proud moments, but for many parents, it is a time of reflection on their job as parents. As our young adult children walk across that stage to get their diploma, we can’t help but hope that we did the very best we could to prepare them for the real world and owning their own homes in North Georgia, and one of the most important things we can teach our children is to be financially independent. Many parents wait until after high school to worry about teaching their children about financial independence, but lessons in financial independence and saving should start sooner than that.

The Equifax finance blog recently published an article titled “Preparing Your Children for Financial Independence”, which provides some helpful tips for setting your child on the right financial path.

1.    Talk to your children about their financial goals and help them develop a plan for success. Share with your children how to earn, appreciate and manage money and set a budget for them to live within their means. Talk about how much they should save to reach the lifestyle they hope to one day have. 

Atlanta Active Adult Communities Selling Last-of-their-Kind Homes

Atlanta active adults interested in buying a single family basement home at The Orchards of Brannon Oak Farm or a courtyard home at The Orchards of East Cherokee need not wait any longer, as the last of each of these style of homes are now selling!

If single family basement home living is what you're after, head on over to the Hawthorne plan home priced at $359,265 on lot 21 at Brannon Oak Farm. Inside this home, you'll not only find a basement, but also two bedrooms, a den or third bedroom, two bathrooms, dark maple kitchen cabinets, a living room with built-in cabinets, screened porch and heavily wooded yard.

Residents enjoy plenty of amenities including a grand clubhouse, two swimming pools, arbor, lawn with barbeque grill and a firepit.

Want the convenience and style of a courtyard home? Visit the Belmont plan home priced at $269,350 on lot 102 at East Cherokee. In addition to offering a lovely courtyard, this home includes two bedrooms, a den or third bedroom, two bathrooms, granite countertops and light maple cabinets in the kitchen, separate breakfast and dining rooms and large covered and uncovered patios.

At this community, residents will find an amenities package which includes a barbeque grilling area, swimming pool, waterfall sitting plaza and grand clubhouse.

Both communities offer excellent locations with healthcare, major roadways, shops, restaurants, recreation and entertainment nearby.

With both homes now move-in ready, interested buyers are encouraged to visit these communities today to take advantage of these last-of-their-kind homes.

For more information on Brannon Oak Farm, call 678-513-8879. For more information on East Cherokee, call 770-345-5409. To learn more about us, visit www.OrchardsGroup.com.