I was asked to share some tips on helping families teach their college students about how to manage money when they are away from home.  Here’s the result:

Teaching Your College Kids About Money – AmeripriseFinancial.com

An ABC News investigation reveals that “free” checking accounts endorsed by some universities may have a catch.  The average college student overdraws his/her account several times per year, and the bank and the university are just waiting for that to happen.  Overdraft charges can be close to $40 every time students make a simple mistake, and the university is likely sharing in the revenue.  This report reveals that TCF Bank pays the University of Minnesota $1 million per year, plus a bounty of $34 per student if the University will endorse students banking there. Here’s the report:

http://abcn.ws/1apdeOQ

This month I shared my thoughts on how to launch kids toward financial security in MONEY Magazine.  Here are those tips:

Money Magazine- Susan Beacham Q&A: Launching Kids Toward Financial Security_2013_09

Having the (Money) Talk Before College happening at your house?  No?  Well it’s time and should take place before your student leaves.  Consider the tips I offer in my guest column on Jean Chatzky’s blog this week!

Here’s the link:  http://bit.ly/17Nv9r5