April is Financial Literacy Month – Credit Cards for Students

Since April is Financial Literacy Month I’ve invited a few folks to share their blogs with my readers throughout the month.

As we all know, the new CARD Act has a restriction that will prohibit people younger than 21 from applying for a credit card unless they have a co-signer that is older than 21 years old. That means that parents with students that will be heading off to college soon may want to co-sign for a card for their child to use in emergency situations, but how do you know which card is a good fit for a college student? This guest post from Digerati Life discusses some of the pros and cons of credit card usage for college students and which credit cards may be the best option for your student.

Don’t forget to purchase a copy of Money Matters: The Get It Done in 1 Minute Workbook at a 25% discount (use code XS8K4YGX). Spread the word that financial literacy is power! Buy a book for a friend and a relative.

Each one teach one.