Money Matters

[firstdown]

Originally Posted by BDBohnzie

One of my fraternity brothers was the guy who ran all the Credit Card promotions on campus. While many people wanted to shoot him by the end of the semester, the fraternity made money off the number of applications that could be processed. The best prizes we gave away were shot glasses.

I didn't get my first credit card until after college. Well at least one that I used. I did sign up for a bunch in college, but cancelled accounts as soon as I got the card.

Having a credit card in college is not a bad way to start and establish your credit. Use the card in place of cash and at the end of the month use the cash to pay off the balance. I know its not that easy at a young age but it can work and is a good way on how to live within a budget.