Finances
"Some students are money-savvy while others struggle along. Encourage smart financial practices by:
- warning your student not to apply for every credit card offered - credit companies prey upon students!
- having him/her chip in to pay expenses rather than always relying on you.
- setting spending limits if your student is using a credit card that you provided.
- working together to set up a budget plan for the year.
- warning him/her about frequent visits to the ATM
- encouraging him/her to keep an eye out for scholarship opportunities
Smart money management is a lifelong skill that will greatly benefit your student."
Source: A New Chapter: How Parents Fit Into Their Students' Lives At College. Copyright: PaperClip Communications.
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