Making sure off to school does not mean unexpected debt
Students are about to head back to campus, and many will hit the pitfalls of uninformed spending. The advice: have a heart-to-heart talk about credit cards (be careful what you sign up for, and make sure you understand payment deadlines!) as well as budgeting (know how many pizzas you can afford!).
Karyn Dettbarn, from Clearpoint Credit Counseling Solutions says it's not hard, but parents need to communicate about budgeting and financing, or expect financial issues. Her organization, formerly Consumer Credit Counseling, offers tips to both parent and students on their website.
