Look to see what your money is being spend on. Prepare for your rainy day. If you don't, expect a flood. Keep your debt at a minimum with these helpful tips from Newsweek. Students can't face the consequences of huge credit card debt.
Parents become the payer of last resort.
Some colleges have banned credit card operators from campus. Others invite them since the college gets a kick-back revenue from the card issuers. You need to educate your teen student about the dangers of credit card debt. The retailer will soon start to offer those card holders a device which will be attached to their personal computer that will offer savings coupons created specifically for that customers spending patterns. The savings will be offered in trade for this spying on how we buy goods.