Surviving the Recession Port Chester NY

5 Things Every College Student Needs To Know About Money (But Isn’t Being Taught in School). Read on to know more.

Local Companies

Wells Fargo - Port Chester
914-934-8266
133 N Main St
Port Chester, NY
Byrnes & Young
(914) 934-8489
327 Erving Ave
Port Chester, NY
Quest Turnaround Advisors Llc
(914) 253-8100
287 Bowman Ave
Port Chester, NY
Trade Systems Inc
(914) 937-5200
81 Hawley Ave
Port Chester, NY
Ultimate Investors Real Estate Inc.
(718) 424-7583
25-49 McIntosh Street
Queens, NY
Covewood Research Llc
(914) 690-9876
149 Westchester Ave
Port Chester, NY
Bank of America - Port Chester
914.934.1076
433 Boston Post Rd
Port Chester, NY
TD Bank
(914) 937-3387
250 Boston Post Road
Port Chester, NY
Financial Services Plus
(631) 727-5771
1879 Old Country Rd
Riverhead, NY

Provided by:

1. Skip credit cards completely if you can. The average student graduates with more than $2,000 in credit card debt, and that’s a bad way to kick off your adult life. If at all possible, wait until senior year to get a credit card. Meanwhile, use a debit card instead.


2. Don’t get behind on your bills. Missing a payment not only means you'll get hit with huge fees. You'll also see your credit score—basically the GPA that follows you throughout your financial life—plunge. To get a free idea of your credit score, try creditkarma.com. One late payment also gives credit card companies an excuse to raise the interest rate on what you already owe as well as on any future purchases you make.


3. If you do have a credit card, pay more than the minimum. Staying on the payment schedule your lender sets can cost you thousands of dollars and years of your life. Say you owe $1,000 on a card that charges 18% interest. Paying just $10 more than the minimum every month will save you 13 years of repayment and $1,312.


4. Stick with low-rate federal student loans. You might’ve gotten private student loans in the past, but going forward, make sure you and your family get all the Stafford and PLUS loans you can before going to private lenders, which are currently charging interest rates of up to 14.5%.


5. Use the ATM no more than twice a week. Two or three dollars here or there may not sound like much, but if you’re using another bank&rsq

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