http://sensetosave.com/2008/02/13/financial-vulnerability-and-responsibility-in-college-students/ Tue, 22 May 2012 02:42:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://sensetosave.com/2008/02/13/financial-vulnerability-and-responsibility-in-college-students/comment-page-1/#comment-4976 EmilyG Thu, 14 Feb 2008 17:53:56 +0000 http://sensetosave.com/2008/02/13/financial-vulnerability-and-responsibility-in-college-students/#comment-4976 I completely agree -- college students MUST learn the ins and outs of budgeting and credit cards before taking off for college. I graduated college in May and I can't tell you how many friends were never taught about personal finance, and struggled with credit card debt and budgeting throughout college and after. Many parents feel uncomfortable taking about money, but it's a must-do. While there is legislation brewing to eliminate the problem, many credit card companies target college students on campus by giving them freebies (a shirt, gym bag, slice of pizza) in exchange for signing up for a credit card -- usually with an outrageous APR. So many students fall for it and pay for it big-time later on. Hopefully all of these great personal finance blogs will help reach out to some of them! I completely agree — college students MUST learn the ins and outs of budgeting and credit cards before taking off for college. I graduated college in May and I can’t tell you how many friends were never taught about personal finance, and struggled with credit card debt and budgeting throughout college and after. Many parents feel uncomfortable taking about money, but it’s a must-do. While there is legislation brewing to eliminate the problem, many credit card companies target college students on campus by giving them freebies (a shirt, gym bag, slice of pizza) in exchange for signing up for a credit card — usually with an outrageous APR. So many students fall for it and pay for it big-time later on. Hopefully all of these great personal finance blogs will help reach out to some of them!

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