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Posted September 12, 2013 by

College Freshmen, Avoid These 15 Financial Errors

College student holding money and books, upset by tuition cost and debt

College student holding money and books, upset by tuition cost and debt. Photo courtesy of Shutterstock.

If you are a college freshman who wants to make the most of your financial situation, be sure to avoid the 15 mistakes mentioned by Kiplinger in the following post.

·         Spending without a budget—students might not have much experience tracking their spending, but their checking account balance could quickly hit $0 if they don’t take the time to find out where their money is going on a day-to-day basis.

·         Paying for a checking account—it’s become harder to find free checking accounts with no strings attached, but many banks offer free student accounts with no minimum balance. (more…)