Your kids are off to college, but that does not mean they are off your radar screen. Please advise them on keeping a reasonable budget and avoiding as much debt as possible. Tell them that they will be offered college credit cards but they do not have to accept them. As a matter of fact, it is best NOT to accept them. Let them know that it is best to buy necessary items from money made as income, not as money given as a future debt payment. Also tell them, "yes, college is expensive, but we must put a cap on college spending. Live as tight as possible, borrow as little as possible.
Msfinancialsavvy
