Update: May 28, 2015
Have you a son or daughter to go to college? Or perhaps you are a student going for the first time in your life? Anyway, the college can be a difficult place to manage your finances for the first time, especially since most students do not have much experience with managing their own finances. A credit card is a good tool to help students manage their finances for the first time.
Why should students have credit cards
Financial Lifeline: The most obvious reason for getting your student credit card is if they have a financial backup in case emergency. If they need an extra book or a medical emergency, it is a good tool for them to have so they should not keep hitting you for money. If your student can not provide a source of income, either part time or full time, you may have to co-sign on the map. If this happens, be diligent about keeping an eye on their spendin