How to Talk to Your Young Adult Children About Money
Whenever we talk to our young adult children about money, it’s a good idea for us to be careful about what we say and how we say it. For starters, don’t come off as bossy or tell them what to do—because they may do the opposite just to spite us. At the same time,...Strategies for Surviving Student Loans
I rarely get calls about student loans, but last week I received two in one day. Call #1 was from a financial advisor who wanted to talk about one of his clients. The client had contacted him out of exasperation at her children’s dire economic straits, which were...College Credit Card Debt
Like everything, there is a time and place for using credit cards. They allow students to build up their credit scores, as long as they can steer clear of potential risks. Anyone should be leery of anything offered as free, to pay later. Especially impulsive college...Identity Theft on Campus
20% of identity thefts are friendly fraud. Fraud done by people you know. College students are especially at risk because of the social nature of living in dorms. It’s not uncommon for students to let someone else borrow a laptop – and they rarely, if ever,...
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