Our daughter, Julia, is in her junior year at Syracuse University and is pursuing her major in Biology with medical school as her goal.   Probably, just as important to her is the fact that she is living in her first apartment with three friends and fellow students. 

We all remember our first apartment.  It is when you first start thinking of yourself as an independent and self-reliant adult.  You no longer had someone else taking care of all of your needs.   No one was cooking for you or cleaning up after you.  Once you start to become responsible for your own well-being, it is an exhilarating and sometimes scary feeling. 

Julia is adapting well to her new situation; however, she is still a little unsure of the financial facts of life.   She is set up with her own credit card as well as a checking account and she knows that there always seems to be enough money to meet her needs; however, she is just starting to have a more in depth understand of the how, when, and where that money becomes available to her. 

She has learned the very fundamental tasks of making a deposit, writing a check, or making cash withdrawals.  As smart as she is, she does not yet want to take on such advanced tasks as balancing a check book (or should I say checking her bank balance online) or knowing the balance due on her credit card.  Perhaps, that’s because she is smart enough to realize that the less she knows about these things the better, at least, for now.

When she fulfills her goal of becoming a physician, I am sure she will have no problem taking care of her finances.   Perhaps, some day she will take care of me and I will no longer need to know anything about the financial facts of life.   Well, I can dream, can’t I?