Life Stage: College

College means a lot of new freedoms…and new financial planning responsibilities, too. When you’re still a dependent of your parents, the best way to give yourself a financial head start is to build a solid credit rating, and good bill-paying habits that’ll keep it moving up. Get a starter credit card from your parents, and pay it off in full (along with ALL your bills) every month.

Here are some of the concerns worth talking about at this life stage:

• Using parents’ credit
• Living on your own
• Buying a first car
• Taking on student loans
• Managing financial aid
• Starting a bank account
• Learning to budget

Interested in learning more? Call McRae Capital to set up a free consultation today, at (973) 387-1080.