As your high school graduate leaves for college or is entering the workforce, make sure to educate them about their own personal finances. It's exciting for them to go out and get their first job, but what many of them do not realize is they will not receive 100% of their earnings. A vast majority of teenagers have no idea that they have to pay payroll taxes out of their wages. Explain to them what a W4 form is and how to fill one out. Does your graduate have a bank accou