If they're responsible enough to pay them off each month, then it's a great way to build credit, and it's a lifesaver in emergencies. I had one, and it worked out fine. My sister knew herself well enough, however, and she opted to not get one when she went.
I've seen a lot of people selling things on Facebook. I guess it works best if you have most of your local friends on there and they have their local friends, so things can reach an even wider circle with just a few likes.
College kids should have one credit card with a manageable limit (anything that they could pay off with no more than a month's salary). This should not only build credit, but also financial discipline, both of which they'll need further along in their lives!
In my opinion, it depends. I don't believe a parent should co-sign for a credit card for students. However, if a student has a job, is paying for most of their school debt and is just attempting to establish their credit then why not? Recently we started talking to our 20 year old about starting to establish a credit history. He's going to need one if he ever decides that he'd rather have his own place.
If the college student is 18 years old or older, then s/he should be allowed to receive a credit card. Colleges and universities, however, should consider providing free financial guidance during orientation sessions regarding the use of credit cards and potential debts, especially if the same colleges and universities allow credit card companies to set up "shop" on their campuses and peddle their debt incurring wares.
It's bad enough that some of these students have to take student loans to get their education, but it's worse when the colleges and universities compound the debt problems by not educating the students, or should I say their customers, about the potential setbacks of signing up to use a credit card.
Love this post! Just wanted to add my 2 cents...
Try doing this with a well advertised event. (They all ready paid to spread the word so you won't have to).
We've unloaded things durring Florida's Longest Yard Sale on Hwy 90 every spring & fall with great success. (kind of like #6 but without any fees)
We've also sold things durring educational fairs and at Native American Pow-Wow's.
I've seen things "sold" in the office breakroom, in church's rec. rooms, etc...
Caution on the raffle idea, in most states in the US this is a form of gambling and requires a raffle license if it's allowed at all. While in most cases no officer or DA would actually pursue this, but if somebody reports it they may be obligated to do so or may set an example using you.
The Vietman Veterans Thrift stores that call an offer to pick up your stuff are actually a for-profit chain. They pay a fee for using the name, and give the Vets a small, 3%, i think, commission on net profit. I still donate to them sometimes, and sure do shop there. Donate with your eyes open!
I think a lot depends on the student and the situation.
I went to school out-of-state and had a credit card from one of my parents' accounts. They made it clear to me that it was for use for emergencies and parental approved expenses only (car maintenance, flights home for break, etc). If I used the card for anything else, I was required to have a check in the mail to them ASAP (ideally before Dad got the statement, got a call from the credit card company about unusual use, etc). And that worked out well. It taught me to not buy things I couldn't afford (or face the wrath of Dad!) and got me into the habit of paying off the card regularly.
I've never had any problems with credit cards. But I've also always been very responsible with money. So I had that going for me from the start.
For student going away to school, it's great to have a card for use in emergencies. But it's also important that the student be responsible enough to handle the responsibility before it's given to them.
a gallon of bottled water costs around a dollar a gallon.
In our neighborhood, if you purchase it and fill your own bottles (reverse osmosis) it runs around 45 cents. And it's not only how much it costs, it's what is coming out of the tap and going into your system.
Someone in our small town started a Yard Sale Facebook page. People list what they want to get rid of and it works very well. I've found great bargains that way.
It depends on the student if they should have a credit card or not. If they are responsible and can handle their money, then it is a great idea to start building credit early. If they aren't very good and usually spend money as soon as they get it, then a credit card is a bad plan that will just get them into debt quicker.
Yes. As long as it will be used in a responsible manner. My parents gave all of us a credit card (we were authorized users on their cards) as soon as we started driving. That way we always had it for emergencies, gas, etc. We never abused it and the bill was always paid in full. I am planning to do the same thing with my kids.
It depends on the kid. I would rather find a cheap debit card connected to the same bank I use and if there is an emergency I can just transfer the money. Credit cards seem to multiply like rabbits. When they are out of school and working they can get one on their own. Hopefully I have taught them well.
If they're responsible enough to pay them off each month, then it's a great way to build credit, and it's a lifesaver in emergencies. I had one, and it worked out fine. My sister knew herself well enough, however, and she opted to not get one when she went.
I've seen a lot of people selling things on Facebook. I guess it works best if you have most of your local friends on there and they have their local friends, so things can reach an even wider circle with just a few likes.
i just made a kale, mushroom and potato hash! check out the recipe here, if you're interested: http://plumsintheicebox.typepad.com/plums-in-the-icebox/2012/08/kale-mus...
Banana Republic and Gap - go to the back of the store for their clearance items and/or online (their sale section)
"Cubicle Libre" MAY be the funniest thing I have ever heard.
College kids should have one credit card with a manageable limit (anything that they could pay off with no more than a month's salary). This should not only build credit, but also financial discipline, both of which they'll need further along in their lives!
In my opinion, it depends. I don't believe a parent should co-sign for a credit card for students. However, if a student has a job, is paying for most of their school debt and is just attempting to establish their credit then why not? Recently we started talking to our 20 year old about starting to establish a credit history. He's going to need one if he ever decides that he'd rather have his own place.
I use my food processor to chop cabbage for traditional slaw so I could just as well try kale. Thanks for the tip.
The chips seem to be really popular. I am glad that folks have fun eating the healthy stuff!
If the college student is 18 years old or older, then s/he should be allowed to receive a credit card. Colleges and universities, however, should consider providing free financial guidance during orientation sessions regarding the use of credit cards and potential debts, especially if the same colleges and universities allow credit card companies to set up "shop" on their campuses and peddle their debt incurring wares.
It's bad enough that some of these students have to take student loans to get their education, but it's worse when the colleges and universities compound the debt problems by not educating the students, or should I say their customers, about the potential setbacks of signing up to use a credit card.
I know! The first time I made them, I was amazed by how crispy and delicious they were.
I want to try the kale chips. Sounds yummy.
Try making kale cole slaw for a fresh, clean taste that of course requires no cooking.
Love this post! Just wanted to add my 2 cents...
Try doing this with a well advertised event. (They all ready paid to spread the word so you won't have to).
We've unloaded things durring Florida's Longest Yard Sale on Hwy 90 every spring & fall with great success. (kind of like #6 but without any fees)
We've also sold things durring educational fairs and at Native American Pow-Wow's.
I've seen things "sold" in the office breakroom, in church's rec. rooms, etc...
I added pecans and used coconut milk! These are really tasty and filling! I think next time I will add some shredded coconut too!
Caution on the raffle idea, in most states in the US this is a form of gambling and requires a raffle license if it's allowed at all. While in most cases no officer or DA would actually pursue this, but if somebody reports it they may be obligated to do so or may set an example using you.
The Vietman Veterans Thrift stores that call an offer to pick up your stuff are actually a for-profit chain. They pay a fee for using the name, and give the Vets a small, 3%, i think, commission on net profit. I still donate to them sometimes, and sure do shop there. Donate with your eyes open!
I think a lot depends on the student and the situation.
I went to school out-of-state and had a credit card from one of my parents' accounts. They made it clear to me that it was for use for emergencies and parental approved expenses only (car maintenance, flights home for break, etc). If I used the card for anything else, I was required to have a check in the mail to them ASAP (ideally before Dad got the statement, got a call from the credit card company about unusual use, etc). And that worked out well. It taught me to not buy things I couldn't afford (or face the wrath of Dad!) and got me into the habit of paying off the card regularly.
I've never had any problems with credit cards. But I've also always been very responsible with money. So I had that going for me from the start.
For student going away to school, it's great to have a card for use in emergencies. But it's also important that the student be responsible enough to handle the responsibility before it's given to them.
a gallon of bottled water costs around a dollar a gallon.
In our neighborhood, if you purchase it and fill your own bottles (reverse osmosis) it runs around 45 cents. And it's not only how much it costs, it's what is coming out of the tap and going into your system.
Someone in our small town started a Yard Sale Facebook page. People list what they want to get rid of and it works very well. I've found great bargains that way.
Yum! I love kale chips. It's great that something so delicious is actually good for you :)
Great ideas! I usually just go the Craigslist or Ebay route, but these are great alternatives :)
It depends on the student if they should have a credit card or not. If they are responsible and can handle their money, then it is a great idea to start building credit early. If they aren't very good and usually spend money as soon as they get it, then a credit card is a bad plan that will just get them into debt quicker.
Yes. As long as it will be used in a responsible manner. My parents gave all of us a credit card (we were authorized users on their cards) as soon as we started driving. That way we always had it for emergencies, gas, etc. We never abused it and the bill was always paid in full. I am planning to do the same thing with my kids.
"Save yourself a few hundred dollars by making your steak at home, the way you want it."
Where do you eat steak?!
Some great ideas here - look forward to more.
It depends on the kid. I would rather find a cheap debit card connected to the same bank I use and if there is an emergency I can just transfer the money. Credit cards seem to multiply like rabbits. When they are out of school and working they can get one on their own. Hopefully I have taught them well.