(CNBC) — You know when Bed, Bath & Beyond is bursting with neon desk accessories and extra long sheets that another college year is just around the corner, but room decor is not all your student needs.
Experts recommend that teens heading for college have several key financial skills under their belts: budgeting, safe practices, and an understanding of needs and wants. They may be using apps and social media to manage their finances, but these old-fashioned priorities still apply.
“These kids can be smart, but they just need to learn a little common sense and real world experience,” said Travis Sollinger, director of financial planning at Fort Pitt Capital Group.
