Skip to main content
Online Banking
Open Online Banking

Finance 101

The Real World: Dollars and Sense - Becoming Financially Responsible

Posted on February 02, 2015 by Maddi Carr
The game of Life gets pretty hard when it’s no longer played with Monopoly money. Suddenly, you’ve got a car. That car takes a payment, gas and insurance. Then you realize—uh-oh—you’re a big kid now, and big kids gotta eat, right? Unfortunately, Mom’s homemade casserole isn’t going to show up on the table forever. That rumbling tummy’s going to need groceries, and those aren’t cheap either. Oh, and the icing on the cake?  NO. MORE. ALLOWANCE.

So what do you do when the vacuum of life keeps snaking toward your piggy bank, and Mom and Dad are nowhere to be found? You put on those big-kid pants (that you really don’t remember ordering), and you tell yourself, “I’m going to be an adult!”

An essential of becoming an adult is becoming financially responsible—two words that send shivers down the spines of young adults everywhere. Despite their bad reputations, these two words aren’t nearly as horrifying as they seem. I, thanks to R.I.A. Federal Credit Union, am here to help clear up the bad rap for the poor, infamous pair.

Like being assigned to read Shakespeare or write a 10 page research paper on the history of South African slugs, many young adults simply lack the interest and motivation to educate themselves on financial responsibility. Becoming financially literate is not complicated or unmanageable, but takes time and effort to understand and apply. Unlike Shakespeare and South African slugs, however, financial responsibility is an essential skill in the adult world.

As adolescents, it is our personal responsibility—there’s that word again—to seek out information and learn how to store, organize, save and manage our money in a way that will contribute to future success. There comes a point where a $3 balance is not going to last until that belated birthday card comes in the mail; someway, somehow, we have to learn to be smart with our money—and there’s no cheat code for this one. That’s where I come in.

Between 80 years of experience from R.I.A. FCU and my 20 years of experience as a living, breathing, failing and succeeding young adult, I’m all geared up to take you along on a journey with me to find and embrace financial responsibility. With R.I.A. FCU resources and programs as my arsenal, I’ll provide you with stories of my experiences, tips and tricks that will get you on the right track to go from, “I’m going to be an adult!” to, “Hey, I am an adult—and proud of it!”