College students are often responsible for their own expenses for the first time in their lives. A recent study by Truecredit.com showed one in four students leave college with at least $5,000 in credit card debt. Avoid getting a credit card if you can, but many students need at least one card to cover small financial emergencies. Don't be swayed by the free offers credit card companies give you for signing up. Find a bank that requires a low minimum daily balance and doesn't charge fees for using their ATMs.

Source: Forbes August 19, 2018 06:56 UTC