Financial Basics For College Students Flagstaff AZ

Students can avoid debt problems by developing a spending plan, limiting credit card spending and getting a copy of their credit report.

A New Beginning Credit Consulting
(480) 695-6435
P.O. Box 30522
Flagstaff, AZ
 
Sun Country Credit Union
(623) 975-2100
19436 North R H Johnson Blvd
Sun City, AZ
 
Halvorson Law Firm
(480) 892-2037
1757 E Baseline Rd
Gilbert, AZ
 
Law Offices of Kevin Jensen
(480) 632-7373
3303 E Baseline Rd
Gilbert, AZ
 
Slater Lawrence Atty
(480) 497-1330
1400 N Gilbert Rd
Gilbert, AZ
 
Consumer Credit Counseling
(480) 834-2284
1234 S Power Rd
Mesa, AZ
 
Heartsong Healing
(928) 300-6648
PO Box 4023
Sedona, AZ
 
Health Care Credit Solutions
(480) 281-8600
6720 N Scottsdale Rd
Scottsdale, AZ
 
Bednarz John Attorney At Law
(480) 507-6677
3651 E Baseline Rd
Gilbert, AZ
 
Imagine Solutions Today IBO
(928) 284-0374
PO Box 20365
Sedona, AZ
 

Financial Basics For College Students

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If you're going off to college, or are already a current student, you should know some financial basics that will help keep you out of money trouble. Here are some ways for college students to succeed financially:

  • Develop a spending plan. Learn how to live within your means by tracking and planning your spending.
  • Have a one-credit-card limit. Multiple cards not only look bad on the credit report, they also provide a greater window of spending opportunity. Students with multiple cards can fall more quickly into debt problems. Limit yourself to one card.
  • Keep the limit low. Credit card issuers increase the credit limit in the hopes you spend more and they can charge you interest to earn their profit. By requesting that the limit be kept low, future temptations can be avoided.
  • Monitor online shopping. This can be very dangerous, because Internet shopping is available at all times. Purchases are easily forgotten, and can add up quickly. Be careful about the dangers and monitor your shopping habits.
  • Discuss checking accounts. Many students enter college not knowing how to manage their account or how to balance their checkbook. Discuss the procedures and stipulations with someone who can answer your questions.
  • Consider debit cards. These are a good option for young adults. They offer the convenience of a credit card but deduct money already deposited into your checking account. These cards can help avoid massive amounts of debt. But be careful of overdraft charges and the negative effects of them.
  • ...

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