As my oldest daughter heads off to college this Fall, I experienced my first college freshman “buying season”.  From laptops and bedding to carpets and refrigerators, the list just seems to grow each day.  My colleague Steve Rosen, Kids & Money columnist with The Kansas City Star, and I talked recently about this experience, and he included some great tips in his latest column on this specific topic. 

As a parent of a college-bound teen, my own advice:  Educate your kids on the costs of all the “essential” stuff before plunking down the money!  Here’s the link to Steve’s column that parents of any college-bound kid will find helpful:

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Written by Susan Beacham
Susan Beacham founded Money Savvy Generation in 1999 after almost two decades in private banking and investment management complemented by considerable time teaching at the elementary level.


  1. lewalk June 23, 2011 at 8:08 pm Reply

    I have this site bookmarked now and also this article. I have a daughter who will be going to college in two short years. We are not a saving family so my daughter has not learned to either. I am afraid of what is to come in two years. I feel saving is definitely something that is taught and needs to be handed down. I didn’t learn from my parents so I haven’t taught my daughter. Maybe we can break the cycle with her children. Yikes! Thanks for the info.

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