Tips to help college students build their credit reports and continue their education.
Tips for College Students
Valentine’s Day Scams Students Must Avoid
Jan 26th
When holidays take over, some people try to take advantage of others by coming up with scams and tactics to victimize unsuspecting consumers. Students and many young people are prone to these scams and the best thing you can do to protect yourself is to be aware of their tactics and always be on the alert.
In this article, let’s take a look at some of the most common tricks that scammers may try to pull off during this coming holiday – the Valentine’s Day.
Electronic Greeting Card Scams. Valentine’s Day greetings are expected during this day and although e-cards or greetings cards sent via internet is the trend, you want to watch out against e-card scams. Your inbox might be flodded with V-day e-cards on February 14th, but before you click on each mail, check to see where the email is from. (more…)
Money Saving Tips for Students on Valentine’s Day
Jan 23rd
For merchants, Valentine’s Day is considered to be one of the most profitable seasons of the year. With couples, young and old, searching for that perfect gift item for their special one. For restaurant owners, Valentine’s Day is also a celebrated day, as many couples and even groups of friends choose to celebrate by dining out.
How do you plan to celebrate Valentine’s Day this coming year? How do you imagine spending the day with your boyfriend, girlfriend, spouse or partner in life? If you’re a student with limited cash, how do you plan to stretch that budget for V-day?
In this article, we present practical, money saving tips for students on V-day: (more…)
Financial Tips for Students on Valentine s Day
Jan 18th
Holiday months can be full of fun and celebrations. The month of December has been filled with a lot of holidays like Christmas, Thanksgiving, and New Year. As 2012 enters in, many people are gearing up for another celebration, especially young people and students. Yes, Valentine’s Day can be an exciting day for many youngsters but it can also be a debt magnet for some.
On this post, we present tips on how you can get through Valentine’s Day without falling into the debt trap:
Don’t be compelled to spend. Do you feel like the day will be lonely if you don’t have money to spend? If you do, it’s about time that you change your outlook and think about the things you can enjoy without spending a fortune. (more…)
Financial Student Tips on Martin Luther King Day
Jan 10th
In the US, Americans celebrate the Martin Luther King Jr Day to promote equal rights among people, regardless of background or race. How can it affect you as a student, especially when it comes to your personal finances? Consider the following tips:
Think about your future plans. In honor of Martin Luther King day, ponder about your future plans. How can you make the most out of your college years, if you’re still in college? How can you make the most out of your studies if you’re a high school student?
Apply for a Martin Luther King, Jr. college scholarship. If you’re about to enter college soon check if you are eligible to apply for the Martin Luther King scholarship. Request for an honest assessment from your high school teacher and check out your options. (more…)
How to Keep Your Personal Credit in Good Shape
Jan 8th
Keeping your personal credit score in good shape should not just be a part of the New Year’s Resolution. It should be a regular regimen that everyone must follow. On this post, let’s take a closer look at the specific steps that you can do to build and maintain good credit.
Monitor your personal credit report. Consumers have the right to receive one free report from each major credit bureau (Experian, Equifax, TransUnion) once each year. You can request your free report at www.annualcreditreport.com, the only resource authorized by the government to distribute free credit reports. You can request all your three reports at once or order one copy from each bureau at different times throughout the year. (more…)
6 Bad Habits that Can Lead to Bad Credit
Jan 4th
Having bad credit can be a huge disadvantage not only when applying for a new credit card or a new loan, but also when it comes to applying for a job or employment. What bad habits should you avoid to keep your credit score in great shape? Consider these tips:
- Not following a monthly spending plan. Do you have a written budget plan that you follow each month? Without a budget plan, you will not be able to keep track of your spending. Creating a plan that suits your situation will enable you to manage your finances more and stretch your budget more effectively. (more…)
Good Credit Tips for 2012
Jan 1st
Are you ready to face the year 2012? It’s always good to start the year right, particularly when it comes to financing. Consider the following tips:
Shop around and compare. If you plan to buy anything, spend a little more time shopping. Compare prices online and don’t forget to check the merchant’s reputation. The same rule applies for consumers who plan to apply for a credit card or a loan. Never sign up for the first offer you see, no matter how attractive the deal seems to be. Use the internet to compare credit cards and loan deals from various lenders.
Start building an emergency fund. It’s the year 2012 and if you have not yet started building your personal fund for emergencies, then it’s about time that you do. An emergency fund is easily accessible when unexpected expenses arise. This way, you don’t have to rely on short term loans or payday loans with high interest rates when in need of immediate cash. (more…)
Financial New Year’s Resolutions Tips for Students
Dec 26th
Have you completed your list of resolutions for the New Year? Have you included resolutions to improve your personal finances? Consider the following tips on how you can establish and maintain good credit as a college student.
- Look for the right student credit card. If you have not yet applied for a student credit card, consider getting one in the year 2012. However, you need to make sure that the card you choose is right for your needs and lifestyle. Don’t forget to check the interest rate as well as the rest of the fees associated with the card. Choose a student credit card that reports to the three major credit bureaus to make sure that you can establish credit history. (more…)
Credit Card Guide for Students This Holiday Season
Dec 21st
It’s holidays once again! For businesses and consumers alike, this is the busiest time of the year. If you’re a student, are you prepared for the holiday spending challenge? More importantly, do you know how you can protect yourself from bad debt, especially if you are a credit card owner? Consider the following tips:
- Protect yourself against identity theft. It’s important to keep a close eye on your credit card when shopping from a store location. Skimming has become prevalent these days and “skimming devices” are small enough to be hidden in the palm of the hand. A skimming device can read and copy credit card information in matter of seconds. (more…)
Make the Most of 0% Student Credit Card This Christmas
Dec 18th
As shoppers gear up, ready to spend more in preparation for Christmas and New Year, many credit card companies offer special deals such as rewards or 0% introductory APR. Even students are more likely to increase their credit card spending during the holiday season.
If you’re a student, should you get a 0% APR card? How can you make the most of a credit card that offers 0% introductory rate? How can you use it to your advantage and avoid the risk of bad debt? In this article, let’s answer these questions one at a time:
Should You Apply for a 0% APR Student Credit Card?
Students are advised to be very careful when acquiring credit cards. Remember, managing multiple accounts will prove to be a bigger challenge. Having too many credit cards will only encourage spending and if you run up balances on each card, repayment can be a burden. Not being able to pay off your credit card balances in full can lead to debt build-up and bad credit. Ideally, one or two credit cards for students should be sufficient to build good credit so if you already a card with a reasonable rate, acquiring a new credit card may not More >
