We started MoneyManagement101.com to help American young people understand basic money skills.

We saw so many of our friends who had young adult kids that were constantly making money related mistakes.  This always resulted in expensive headaches for both the kids, and their parents.  Typical mistakes their kids were making were constantly bouncing checks, misusing credit cards, making late payments, entering into bad purchase agreements/contracts, and ruining their credit scores. 

In our opinion, the basic problem is that young people have never been taught money management basics and the day-to-day money skills that all adults need to know. High schools rarely spend time teaching young people about money skills. Plus most parents are uncomfortable or unequipped to teach their kids about money management.

We want to try and help with this problem. 
 
 Here are some of our articles which may be of interest to parents of college age students:

        Identity Theft Prevention Tips for College Students and Parents

       College Students Clueless About Money

       Making Sure Your College Student Understands Basic Money Management

Also, we have put together a self-study course in an ebook format, which explains money management and basic day-to-day money skills to  young adults.  We created the ebook with the assistance of bankers, accountants, and teachers.