BankRate – Smart Financial Moves for College Freshmen

Alyssa walking between buildings with bicycles - small (2)Alyssa Parr, daughter of Christopher P. Parr who heads Parr Financial Solutions, a wealth management firm in Columbia, MD., discusses some of the big financial mistakes she made her first semester at California Polytechnic State University. “(In the) first quarter, I spent so much money, but I learned a lot,” says Parr.  Tamara Lytle, who wrote the Bankrate piece, “Smart Financial Tips for College Students,”   says any freshmen — managing their lives on their own for the first time — make even bigger mistakes than Parr and provides a few ways freshmen can avoid flunking Personal Finance 101.