For many university students, freshman year is their first time living away from home and making daily spending decisions without much supervision or guidance. It may also be the first time they have access to their own credit card or use a debit card regularly.
Some of the best advice we’ve heard on this topic came from a college orientation presentation:
“Live like a college student while you’re in college so you don’t have to after you graduate!”
Our college financial planning experts will tackle some of the most common mistakes families make and offer tips for handling this transition smoothly (or at least with fewer bumps in the road!).