<p>Like others have said you need a checkings account and a credit card if good for building credit. </p>
<p>Although some of you appear to be “over managing.” No way I’d ever let my parents look at my online bank statements. Ever since I got my first job in high school, that hasnt been any of their business. Although, being nosy, as all parents are, I’m sure they’d love to have access. lol.</p>
<p>But then again I’ve always been responsible with money (for the most part) and my parents don’t help me out with college expenses. </p>
<p>If a student blows a whole year’s worth of $$$ in 3 months, I guarantee you it’s not a “accident” and that student knows exactly what (s)he is doing. We’re smarter than you think.</p>