College Students Should Use a Credit Card for These Expenses

Some parents are okay with the idea of their college student carrying a credit card. Other parents are against this idea, as they are unsure of if their child is responsible enough to use this financial tool in the appropriate manner.

Since most college students are over the age of 18, they have the opportunity to personally decide if they need a credit card or one designed for students.

If you’re a student going down this path or a parent attempting to provide advice, here are several expenses that make sense to be paid with a credit card:

1. Books

When new books are needed, there’s nothing wrong with using a credit card to make the purchase. This is a school expense, so you don’t want to skimp in hopes of getting by.

Tip: buy used books as a means of saving money.

2. Medical Emergency

Many students are so far away from home that they don’t have the help of their family if a medical emergency comes to light.

In the event of an urgent care or emergency room visit, a credit card can come in handy. The same holds true if a prescription needs to be filled.

3. Transportation

This can include everything from gas for a car to a bus ticket home. There are also times when automotive repairs are necessary, which is another situation that can be made easier with the use of a credit card.

College students can definitely benefit from carrying a credit card, as long as they are responsible enough to never abuse the power.

As a college student yourself, you should learn more about the pros and cons of carrying a credit card. Discuss this with your parents, compare your options, and make sure you know when it makes sense to use the card and when it doesn’t.