Money management is important, but it's only a means to get you where you want to be in life. Strong values, good friends, and a solid education should all be part of your plan for success.
Financial literacy (education on the management of personal finances) is an essential part of planning and paying for postsecondary education. Everyone needs to understand the options with respect to the vast array of financial products, services, and providers to make sound financial decisions.
Learn "fiscal fitness" now for a lifetime of financial well-being.
Decisions you make about handling your money before and during college can have a huge impact on your future. Educate yourself before making major financial decisions. Learning good personal finance skills now can help you reach your goals and find success sooner.
When you want something in life, it's best to have a plan for how you will get it.
To achieve financial security, you need to create a financial plan. A financial plan is simply a roadmap for how you will manage your money on an ongoing basis. A financial plan involves defining your money goals, identifying the steps it will take to reach those goals, and then following through with those steps. Get started now.
Even if you don't need loans to pay for college, sooner or later you will probably need to borrow money.
Your borrowing and repayment history is tracked by the financial industry to create your credit score, which helps lenders gauge whether you are a good credit risk. The better your credit score, the easier it will be for you to borrow money and the better terms you will be offered. A good credit score can save you thousands of dollars over your lifetime.