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Financial Literacy for Prospective College Students

shutterstock_165246950It’s never too early for a high school student to learn financial literacy. In just 4 short years they graduate, so prepare them now for the financial responsibility they will carry during their time in college.
Although they are well aware of the steep price of higher education, it’s difficult to fathom the weight of student loans and easy to put off worrying about them until graduation.
Many college freshman — new to managing their lives on their own — make mistakes simply because they were unaware of how to budget efficiently and how quickly school supplies and dining out can add up.
Start discussing family finances, personal budgeting, and appropriate credit card use now so they are familiar with these basics from the start.