Helping Students Avoid Personal Loans

Do you have a student in high school or college? With school almost done for summer break, chances are they’ve asked you for money. Whether they need the extra cash for summer camp, the latest gadget, or that road trip they’ve been talking about for the past six months- they’ve probably hit up the bank of mom and dad on numerous occasions. If you’re like me, you’ve had to put your foot down this summer. The economy terrible, your budget as tight as ever, and you simply cannot afford to fund their summer excursions. You’re not alone. But what do you do?

No parent wants to see a frown across their kids’ face, nor do they have millions of dollars lying around. And, no parent wants to see their children rot on the couch for weeks on end either.

Solution: encourage him or her to get a summer job! Warn them about the dangers of opening up credit cards or taking out a cash advance. They’re much better off checking local job boards for odd jobs around town. That way, they get out of the house and they’re funding their own activities!

Cash Advance Tricks and Traps and How To Avoid Them!