Lesson 9: Financial Preparation for Transition
Whether you are ready or not, your teen is moving closer towards being an independent adult in the world. Graduating will launch her right into the society of adulthood. Knowledge is power. The more you know, the less panicked you may feel about the moment of transition for your teen. She has chosen an option to aim for. Now it is time for her to plan financially for transition expenses. From Supplemental Security Income to Financial Aid, your teen needs your guidance with her initial financial plan.
(Teacher Name/Contact information)
Complete the activities and return your responses to your teen’s professional to review and respond to.
Activity 1: Supplemental Security Income
Read Applying for Supplemental Security Income (SSI) When a Child Who is Legally Blind Turns 18 and answer the following questions:
- What did you learn from reading this article?
- What do you need more information on?
- Are you aware that the Social Security Administration offers incentives for individuals to work and become less reliant on the government? If you would like to see your teen ultimately hold a job in the future and be a productive and contributing member of society, you will find the Ticket to Work is a valuable opportunity for your teen.
If your teen plans to move out or attend college, it is important that she is aware of the expenses associated with these options. Work with your teen to create a budget for the option she will pursue. Discuss resources your teen can tap into to defray the costs (financial aid, scholarships, etc.).
From completing this activity, I learned….
I would like more information on….
I have the following questions for my teen’s professional….
I am going to do the following things to prepare my teen for transition….