Get that bank account NOW

kelsmom
Mon, 06 Aug 2007 22:02:13 +0000

I was surprised to learn today that my D’s college has eliminated the declining-balance card. I thought it was a great idea; sorry to see it go. We did receive a listing from the school with all the local bank options & their offers for students (free checks, free ATM withdrawals, etc.). D is thinking of just keeping everything in her credit union account here & using her debit card at school (or the student credit card from her credit union, if need be). If that doesn’t seem to be working, she can always open a local account.

My D has never written a check, although she has them. I was horrified to find out that she doesn’t keep a ledger for her debit card — she just goes on line & keeps track of her balance. That really bugs me (call me old fashioned!). I am the perennial treasurer/bookkeeper for groups I belong to, and I am neurotic about balancing the checkbook. But all D’s friends operate the way she does. Sigh.