Last Thursday night, I attended my second Executive Mentor Program meeting. John Zollinger, the senior vice president of Regions Bank, was there to speak to us about gaining and managing our credit, or most commonly how to make money. He explained what a FICO score was, how to build credit as a college student, how to maintain a good credit rating, and how not to loose that good rating. While listening to the presentation, I learned that there are 6 major ways to kill your credit. If you are a big spender, payment slacker, not having enough credit accounts, being young and eager, being to tidy, and being to nonchalant. As we broke off into our small groups, my mentor Ralph Litolff discussed with us the different credit cards and why it is good to have a credit card as a college student. This definitely helped me in deciding to get a credit card to start establishing my credit in college. In searching the web to find a credible website that also gave tips on personal finance for college students I found websites that caught my eye. The first, shows Ten Tips For Realistic Money Management In College - Without The Nonsense. The second, shared an article from BusinessWeek on Personal Finance for Freshman, how to establish money smarts for your future college years. All of this helped by showing me how to get started with my credit.
