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Author: bigdan195 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2815  
Subject: Credit Card for Freshman Date: 5/27/2007 8:04 PM
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My son will be going away to college this Fall.
He is 18, responsible, and just graduated from high school.

I am thinking of getting him a credit card in the same account with my wife and I. My thought is that I could keep tabs on him financially, at least his first year.

Actually, I am trying to find the best way to deal with money for him. I assume he will need some money for day to day expenses. Maybe I should just give him a few hundred dollars when he leaves, and then wire him cash when he runs short.

How do college students deal with money this these days?
I graduated 36 years ago, so I am a little rusty.

Any and all input is appreciated.
Thanks.
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