Life Basics for College-Bound Kids

Life Basics for College-Bound Kids

Video Transcript

Discussing money, health and insurance basics can help college-bound kids manage classes, work and personal life.


Finances
  • Set a budget. List income sources and separate essentials from the nice-to-haves. A banking app can help track spending.
  • Check for local branches of your bank, or open an account at a bank near campus.
Health
  • Make sure vaccinations are up to date.
  • Send copies of any relevant medical details with your student.
  • Learn where college health services are and what's available to students.
Insurance
  • Check that your car insurance covers your student. Set a maintenance schedule and locate a close-by mechanic for repairs.
  • Verify the family health insurance policy extends to college kids.
  • If your student lives on campus, they are probably covered by your homeowners/renters policy. But if they live off-campus, renters insurance is a must.