FINAL Blog

http://www.creditorweb.com/articles/categories/student-credit-cards.html

SUMMARY:

This article shows us it is so important to be well educated about student credit cards before applying for credit or making any other major financial decisions. Nowadays, there are becoming more schools which have begun cashless purchasing processes in the cafeteria. Therefore there is a variety of methods used to keep track of the purchases, from student ID cards that operate like a debit card to fingerprint systems. As we know that lots of credit cards designed for those college students. But a HIGH SCHOOL STUDENT can also apply of their own credit card!! There is the programs of 529 plan. This plan is a savings plan for saving towards future college costs and offers a variety of tax-advantages over other forms of savings. Families with children are opting to use credit cards with rewards that are tied into 529 plans.


REFLECTION:

My favourite chapter of the year is about the different using of credit cards. This article is about that people in different level of this society can apply for credit cards in many of the types. When you apply for and are issued credit, your signature on the credit application acts as your acceptance of the terms set forth by the issuing financial institution.


CONNECTION:

After I read this article, I know when the students who begin college or high school, they are bombarded with any number of offers and good deals. As a result, I think most of the students are interested in the student credit card. This idea can help student learn more about how to make the plans of their money. Other than this, students can try to enter their freshmen year of college are typically starting a new chapter in their lives, filled with hundreds of first-time experiences and opportunities. I have no way to find out the disadventage of applying a own student credit card for them.