Executive Speaker on Personal Finances...$$$

During the first half of the Thursday night class we listened to a speaker from Regions Bank give us information on personal credit for college students and the do's and don'ts. Some of the things we learned were: 6 Ways to Kill Your Credit

• Ways in which to build your credit
• The Causes and effects of good and bad credit
• *In pretty much any situation, your credit determines what you can and can't get. For example if you want to take out a loan on a house or a car, the amount you can take out and the interest will differ greatly if you have a good or bad credit score.
  
• You should always try to pay the complete or minimum balance on time, because if you're a day late you will be charged with a late fee.
• Don't buy items which are too expensive and put them on your credit card if you don't have the money to pay it when the bill comes. Basically don't spend money you don't have. 
• Use credit cards to buy big purchases not for little things 
• Have a couple of credit cards to build your credit

Besides the information which we were given about personal credit during the presentation here are other related web sites which provide good information as well:

• Financial Tips for College Students
• Money Matters for College Students
• Money Management

By taking into consideration the information given to us during the presentation and from these web sites we as students can hopefully stay away from being in debt and ultimately feeling like this: