Comments on: Credit Card Tips and The Best Student Credit Cards

By: merna

merna — Thu, 01 Jan 1970 00:00:00 +0000

Congratulations, you are a member of what I believe is the minority…students who are not tempted to use credit cards for every day pleasures and other things they can’t afford and should spend on. Your mother has raised a very smart child who will do well in the real world. Best wishes in school and your entire future.

By: Current student

Current student — Thu, 01 Jan 1970 00:00:00 +0000

I ama current student at a state university. I never asked for a card, my mother was the one who told me to get one. I have never used the card for my own needs. My mother is theone that tells me when to use it, and we have worked out what it will be used for. Its great for emergencies which thankfully haqve never happened.

By: Samson Smith

Samson Smith — Thu, 01 Jan 1970 00:00:00 +0000

Ya i totally agree that there is need of credit card for students also but they should not use it for their each and every spending and should check their credit card statement regularly.

By: sabath

sabath — Thu, 01 Jan 1970 00:00:00 +0000

Credit card experts says that once the average cardholder becomes eight hundred dollars or more in debt to his credit card company.So save yourself from the bondage.Money and you by habit changer provides tools to exercise financial self control.

By: BeTrulyHappy

BeTrulyHappy — Thu, 01 Jan 1970 00:00:00 +0000

I don’t think credit cards should be avoided but just handled responsibly. They help build good credit and can be the reason you get approved for a home loan or business loan.

By: The Biz of Life

The Biz of Life — Thu, 01 Jan 1970 00:00:00 +0000

I have two kids in college now. Luckily, neither of them have asked for a credit card. My answer would be no, but they may be able to get one without my knowledge. They do both have debit cards against their savings accounts, and that is the way I want to leave it. If they blow all their summer earnings the damage is limited, and hopefully they learn a lesson.

By: Merna

Merna — Thu, 01 Jan 1970 00:00:00 +0000

You’re right; credit cards are not evil. It’s just that way too often the temptation to “buy now, pay later” gets out of control and gets us in trouble. My son had plenty of time after college to get credit, which he did, but he wasn’t saddled by old debt that most likely would have been caused by too many nights on the town–pizza ordered in–fast food instead of cafeteria food–his favorite past time (music)–etc., etc. He learned, instead, that if I can’t pay for it now, I don’t need it. And that method worked well. I can’t say he’ll ever regret the decision to stay clear of credit cards as a college student.

By: Studenomist

Studenomist — Thu, 01 Jan 1970 00:00:00 +0000

A different opinion here: credit cards are not that evil. It’s important to have some sort of credit history for when you graduate from college and want to move into your own home.

You can’t just assume that a college student will be out of control if they get a credit card.

I have discussed this topic many times on my blog. I won’t throw any links up to my site because I don’t want to be a spammer.

By: Merna

Merna — Thu, 01 Jan 1970 00:00:00 +0000

He went on to get his Masters and now he’s a professor at the same college where he received his BA and advises his students about the wisdom of avoiding credit cards. I’m very proud of him!!

By: PT

PT — Thu, 01 Jan 1970 00:00:00 +0000

That’s awesome, Merna. Thanks for sharing that story. You should be proud.