Five Best Financial Choices For College Students (Forbes)
This is an interesting article about a few topics near and dear to many college kids. I remember being on campus and seeing the Chase credit card company on campus giving away free stuff if the kids sign up for a card. Credit cards are the kiss of death to many college kids. They are just too easy to ring up a large bill and start off behind the 8 ball before even graduating college.
Forbes.com has some good advice to use credit unions. The big banks are well, just that big banks that really don't care about their clients just the bottom line. If they did care would their top interest rate be 29.99%?
Credit unions have been around but in this day when banks are looking for more reasons to charge higher fees, I think that they can be a better solution for many people. The fact is most credit unions are not for profit so members can help to control their costs.
If your a college student I would higher recommend that you look into a credit union that is close to your university.
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