I’m in a single parent situation with just my mom. My dad died when I was in elementary school and parents were divorced before that. My mom is at a relatively good-paying job as a registered nurse. She has a considerable amount of savings and a lot of money put away in CDs but she often iterates most of that is meant as retirement or emergency money because she started a 401k and IRA later than most I think. She’s very good with money but I’m the youngest of 4 (with significant age gap, oldest children are in 30s then there is my one sister who is 22 and myself at 18) and the other children have borrowed and never paid back money that was meant to be loaned etc, and my 22-year old sister who is currently taking a break from college never applied for a n y scholarships and had my mom helping her pay the difference in her tuition that loans didn’t cover.
And I can already guess that my choice of major doesn’t help (but this time last year I was undecided and now I have a plan! So that counts for something, right?). I’m a psychology major with the intent to become an Industrial-Organizational Psychologist. That means I definitely have grad school in my future, either a master’s or a doctorate.