Welcome to your ultimate college education resource
 

Welcome to our college articles archive

 

Article #365: Trusting Your Kid With A Student Credit Card

(Browse for more articles)

 
As a parent, you want your children to be Before your child heads off to school,
very responsible once they head off to you'll want to point out a few things
college. Whether they are attending a they should look for when applying for a
local university or they are attending a card. The first thing is that they
college one thousand miles away, you should never ever apply for a card that
truly care for them. When you think is pushed into their face at a campus.
about your child going off to college, They won't get to know the details of the
you tend to worry about their safety and card and most of the times; they will
financial status. You not only want your find themselves getting ripped off. The
child to be safe but have enough money to only reason they will apply for this card
get by each day. is for the stupid t-shirt of free
As your children grow old and reach the burrito.
ripe age of 18, they are considered an The most important thing you'll want to
adult in the United States. Not only can tell your child is that they research
they now buy cigarettes and lottery their credit cards online. You will want
tickets, they can also apply for a them to look into the rewards and most
student credit card. Before your child importantly, the APR rate. The APR as
goes dipping into the credit card market, you know by now is the interest they will
you're going to want to point out a few pay on the balance they don't pay off in
things to them even if they don't tend to full. It's wise to tell them right off
listen. Like a alcohol or drug lecture, the bat that they treat their credit card
a credit card lecture should be taken as if it were a gift card with a set
very serious just as important. limit on it or better yet, a debit card.
Why should a parent talk to their child Make sure that you drill into their head
about a credit card? It's simple. A that you can't spend more than what you
credit card Is your child's financial have.
future. You want to make sure that they As you know by now, it's hard to bury
don't start spending money that they knowledge into a child's head. It's even
don't have. If they already have student harder when they turn 18. This of course
loans, a credit card may be a bad idea. is the age that they think they know
The more debt you have when you graduate everything and don't need the advice. If
means the harder you're going to have to you just sit them down or print them up a
work to pay it off. A credit card is little sheet on how to build your credit,
just going to make it worse. you can at least say you tried.






1 - A - B - C - D - E - F - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - 19 - 20 - 21 - 22 - 23 - 24 - 25 - 26 - 27 - 28 - 29 - 30 - 31 - 32 - 33 - 34 - 35 - 36 - 37 - 38 - 39 - 40 - 41 - 42 - 43 - 44 - 45 - 46 - 47 -