Is it at 18 or what are the necessary things that is needed?
At what age should a child be financially independent?
- Thread starter Johnson2468
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Its depends on the culture, in my country untill the kids finish college and get their own job. But sometimes, when the kids have their own job at young age, the dont ask for money anymore from their parents. But mostly after finish college and get their own job
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When I was a kid I enjoyed saving my allowance and father was amused. I was 7 that time when 1 started a small business like selling candies. I like to have my own money.
Thank you, my friend. I am an independent lady. I really like to have my own money. During college, I wrote research papers for others and they paid me 5,000 for a 30-page research hehehe. Those who do not know how to write visual aids come to my boarding house and pay me per manila paper was 100 pesos, hehehe. I am indeed good at money-making.
Truth be told I don't really like putting an age to this. There are so many things that might actually come up, so many unplanned circumstances that would definitely change your plans. So i would advice you just try your best and see how things goes.
There is no definitive answer to this question since financial independence is subjective and will depend on each individual’s financial circumstances. Generally, it is seen that by the age of 25 a person should be able to support themselves financially, although this may vary depending on the job market and other factors.
Financial independence means having enough financial resources to support oneself without relying on others for financial support. There is no specific age at which financial independence should be achieved, as it will depend on a variety of factors such as an individual's career and salary, living expenses, and personal financial goals..
Financial independence means having enough financial resources to support oneself without relying on others for financial support. There is no specific age at which financial independence should be achieved, as it will depend on a variety of factors such as an individual's career and salary, living expenses, and personal financial goals..
I think age is not directly related to being financially independent. A child or young adult can be financially independent if s(he) has a stable job and has sufficient income to make a living.
If a child has attained adulthood, then he should be financially free.
Mentioning a particular age would be out of place. That's because factors vary from country to country. In America, 18 year old have a level of financial independence. It is not obtainable in Africa. 25 year olds are still dependent on parents.
It actually depends on the country someone is that is going to help on the possibility of the person being financially independent based on how the economy of the country is set up.
It is true that the economy plays a major role on when a person achieves financial independence. I see some young boys in Europe aged 21 already married. That age in my country, you probably have not started anything.
