Making Financially Good Decisions As a College Student

By Kimberly Sears |

Published 08/21 2014 05:53PM

Updated 08/21 2014 06:18PM

As students leave home to go to college they are able to make decisions on their own. But how do students know if they are making the right financial decisions? Many students are currently looking for jobs and either have a savings or checking account.

Others will have to worry about student loans when they graduate. But it seems that most students are still living off their parents...for now.

Tracy Howle, a Senior Vice President at First Bank Texas, says that their is one rule she hopes all college students live by. Its important students know how to budget and live within their budget.

Although it is a good idea to build credit, if you aren't ready then don't get a credit card. Howle says its easier to get a loan if you have no credit history then having bad credit. She only encourages students to get a credit card if they have a steady income or if their parents can financially support.

That way they are able to make payments on time and not develop a bad credit score or interest with banks. But even with a credit card students need to remember to budget and buy within their means.


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