What is financial responsibility?

Answer The essence of financial responsibility is figuring out how to live within your means--taking care of yourself and your family without imposing on others--then sticking to whatever limits that requ... Read More »

Top Q&A For: What is financial responsibility

How to Develop Financial Responsibility?

To develop financial responsibility one must consider several factors, most importantly stage of life. Small children need to learn the fundamentals of how to manage money, while teenagers should b... Read More »

What is the financial responsibility of a legal guardian?

When a parent is unable to properly raise a child, the best substitute is a legal guardian. A legal guardian assumes legal custody of the child, as well as financial responsibility for the child.Pr... Read More »

Renters' Financial Responsibility & Protection Act?

The Renter's Financial Responsibility and Protection Act is an Illinois state law that regulates practices in the rental car industry. It provides provisions designed to protect both the companies ... Read More »

Automobile Financial Responsibility Laws?

States have financial responsibility laws in place to protect drivers from experiencing financial loss after an accident with an uninsured driver. In most states, financial responsibility laws requ... Read More »