North Shore Bank Provides Money Management Tips for College Freshmen

Aug. 22, 2011

North Shore Bank knows that the transition from high school to college is challenging and has recently released several tips on managing money for both incoming freshmen and their parents.

 

“From setting up a budget to safely managing online accounts, guiding college students now will help them prepare for their financial futures,” said Susan Doyle, vice president of branch operations at North Shore Bank. “I currently have two children in college and sharing tips with them about their finances is very important.”

 

Below are a few tips to help your college freshman become financially savvy:

 

• Use credit wisely – A credit card should only be used for emergencies, and the balance should be paid off each month.

 

• Use a debit card and balance your checkbook often – A debit card requires careful monitoring. Transactions should be recorded as soon as possible to avoid overdrafts.

 

• Save, save, save – Everyone should establish a savings account. Students should set aside savings for emergencies or for future purchases.

 

North Shore Bank provides several online tools for financial management. College students can use free online banking to check account activity, add the “MyMoney” app to their Facebook page for quick and easy access to Online Banking without ever leaving Facebook or keep tabs on finances while on-the-go with Mobile Banking. Additional money management tips are available on North Shore Bank’s blog.

North Shore Bank, headquartered in Brookfield, is one of the strongest banks in the country. It has assets of nearly $1.8 billion and more than 45 offices throughout eastern Wisconsin and northeastern Illinois. Current Wisconsin branch locations are in metro Milwaukee, Racine, Kenosha, Appleton, Menasha, the Green Bay area, Burlington, Union Grove, Ozaukee County and Door County. To find an office, visit northshorebank.com. You can also follow North Shore Bank on Facebook and Twitter.

 

The security of FDIC. The strength of North Shore Bank.

 

Community Watch

» Initial Reaction Podcast: Menomonee Falls baseball virtuoso Ty Weber and Big Ten Media Day Updated:  7/29

» Supporters line up to push Brookfield beekeeping Updated:  7/28

» The Corridor development in Brookfield announces three new tenants Updated:  7/28

» Brookfield Bulldogs, Pewaukee Muskies to continue game at later date 7/26

» Brookfield Blue Sox pick up key win over West Bend 7/26

» Jury reaches guilty verdict in Brookfield drive-by shooting after failed drug deal Updated:  7/26

» Dick's Sporting Goods to open Aug. 5 in Brookfield 7/25

» 2016 Waukesha County Fair coverage 7/22

» Brookfield East choir to perform with Foreigner at Waukesha County Fair 7/22

» Wisconsin Athletic Club nearing town of Brookfield opening Updated:  7/21

» Social media story on the storms rolling through Milwaukee area 7/21

» Resources available to Waukesha County residents during extreme heat 7/21

» Initial Reaction Podcast: Wisconsin Badgers football, WIFCA All-Star game 7/20

» Brookfield Central baseball unable to pull upset in regional loss to Sussex Hamilton 7/19

» Former Brookfield East coach Tom Swittel goes out with WFCA All-Star Game win 7/19

» Brookfield board comfortable with lights 7/19

» Brookfield Portillo's opens its doors 7/19

» #BestSummerEverNOW: Share your 2016 summer photos of you in the Milwaukee suburbs Updated:  7/18

» Live coverage: 2016 WIAA Summer Baseball Sectional Round Updated:  7/18

» Brookfield plan commission advances Wimmer's Linx Club apartment, hotel project Updated:  7/18

» NOW's user submitted stories, photos will be discontinued in early August 7/18

» New Brookfield Central AD Don Kurth to bring wide variety of experience 7/16

» Elmbrook Humane Society teams up with other area shelters to save cats in need 7/13

» Brookfield's Dominic Days returns this week 7/12

» Brookfield East's upset bid falls short in Greater Metro baseball tournament 7/12

View All Posts Got a tip? Welcome rss

Waukesha County Fair

 

The 2016 Waukesha County Fair saw rain, scorching temps and tropical humidity throughout its five-day run. Check out our stories, photos and video from the fair, including coverage of the new pig, duck and goat races, the 50th annual Fairest of the Fair contest, as well as a ranking of the top food items.

Best Summer Ever

 

We've made it easy for you to get out and go this summer. From hitting the trails for a bike ride or walk, to where to find beer gardens in the area, to the best places to swim in Waukesha County to the best summer drinks and summer reads, check out our 2016 summer guide.

Advertisement

Advertisement

Advertisement