Since we're approaching Valentine's Day, it seems appropriate to talk about love and money since they seem to be inextricably tied together. Especially on Valentine's Day when people spend money on their love.
The reason most people are in debt today is because they only look at the minimum payment -- totally ignoring the balance on their credit card and also the interest rate the credit card company is charging.
Some surprises are nice to have, like receiving a call from someone you haven't heard from in a long time, or a stranger tapping you on the shoulder to inform you that you just dropped something on the floor. However, the surprise of having your credit card rejected? Not so nice.
Jumpstart is a national coalition to teach financial literacy to children; according to a 2006 study they conducted, nearly 52% of high school students use credit cards. Let's make sure they use them wisely.
Establishing good money habits early in life (trust me, at 53, if you're in your twenties, you ARE early in life,) is paramount for building a solid financial foundation for the rest of your life. Since we aren't taught these things, no matter what level we educate ourselves, or to what degree, people ask me how to start their financial life.
As the saying goes, you can never be too careful. It doesn't take a rocket scientist to figure out important information about you by putting "two and two" together with information posted online. But, that's not the only thing you need to be mindful of; there are other ways of having your identity stolen at school.