Learning to Budget! Kudos To The Teacher.

December 28, 2008 · Lee Ginsburg · 6 Comments

As many of you are aware my Prudential office in San Bruno, Ca. is the largest single independent Prudential office in the country. We are very progressive and have kiosk in several of the regional malls in the area. As I had my shift just before the holidays, a young boy, I’d say about 12 or 13 was looking at some listings. I let him look for a while and then approached. He told me he was 30 years old and looking for a rental for his family of 4 with a $60,000 annual income. I did a double take and he explained he had a home work assignment to balance a family budget including housing. I helped him find a few rental homes in the area. The reason for me writing about this, I thought it was a great assignment; Reality, Life. I think this should be taught in detail to all high school seniors and to all purchasing a home. I believe saving should be part of a family budget. The savings could be for a down payment, home maintenance, vacation, rainy day, etc. Read more