A new school year is quickly approaching which means many parents are preparing to send their children to college - away from home for the first time. Will they be prepared to handle their newfound financial independence? Will they face the common college credit troubles? In order to help them raise more financially-savvy kids with the best shot at a debt-free future, providers of CareOne Credit Counseling Services offer parents some free, educational tips.
"Many Americans are currently buried in credit card debt or suffering from other financial woes," says CareOne Credit Counseling Services Spokesperson Clarky Davis. "Why should we send the next generation out into the world to make the same money mistakes when we can teach them to be more financially secure and credit savvy long before they leave the nest? Parents are the key influencers on a child's financial future, so we're reaching out to help them prepare their children to navigate the often confusing world of consumer finance."
