Personal Finance Education
6050% Of Students Graduate College With $5,000 Of Credit Card Debt Most Students Can't Budget And Can't Control Their Spending
The 5 Missing Skills That Land Students Deep In Credit Card Debt, Unable To Budget, & Incapable Of Controlling Their Spending.
- Budgeting Skills
Most students don't know how to put together a workable budget. Many believe that budgets don't work and that they deprive them of enjoying their lives and living in the present. DollarCamp's guide to budgeting explodes these popular myths and makes budgeting straightforward. - Credit Card Management Skills
Many students end up deep in credit card debt because they don't understand the dangers of having multiple cards and making only minimum payments. Students are bombarded with credit card offers from the moment that they walk onto a college campus. They usually don't realize the damage they have done until they have dug themselves into a deep financial hole. DollarCamp's special report on credit cards outlines tips and tricks for responsible credit card use. - Credit Score Management Skills
Most students don't know their credit score, how to check their score, or what goes into their credit report. Students aren't taught about these things in high school, and they don't want to hear about it from their parents. Building good credit is often a complicated and counter-intuitive process, where common sense doesn't always work. DollarCamp's special report on credit scores gets students the facts in a way that they can understand. - How To Track Your Spending
Many students can't control their spending because they can't keep track of their spending. Failing to monitor your spending is like not detecting leaks in the hull of the ship. If your ship were leaking, you would want to know. You wouldn’t wait until you were halfway sunk to investigate the leaks. The same goes for monitoring your spending. If you don’t watch the spending carefully, you can’t see danger coming. Many students are literally drowning in debt because they are unaware of their actions. DollarCamp's guide, the 10 Biggest Money Mistakes that Students Make, lays out a strong case for taking action to track spending. - How To Balance A Checkbook
The majority of student do not keep good track of how much money they have in their accounts. This is usually because nobody has shown them how to do it. The result is that they waste hundreds of dollars every year on overdraft fees and penalties. DollarCamp's guide, the 10 Biggest Money Mistakes that Students Make, explains how to prevent bouncing checks.
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