Raising Kids Is Priceless — But It Isn’t Cheap
July 10, 2025
Fraud Tactics Are Evolving—Here’s How to Stay Ahead
July 24, 2025
Your College Freshman Launch Plan
Sending your teen off to college is exciting — and emotional. Between the tears and Target runs, there’s a lot to do. This checklist helps you cover the essentials: money, dorm life, academics, and mindset.
Here’s how to send them off ready — and confident.
1. Talk Money First
College is expensive — and so are the daily costs. Talk now to avoid stress later.
- Who pays for what? Be clear on tuition, rent, food, gas, etc.
- Build a simple budget together — include everything (even late-night pizza).
- Review financial aid — know when it hits and what’s still owed.
- Set up an emergency fund — even $500 in a savings account can be a safety net.
2. Set Up Smart Banking
College is often their first solo flight with money. Help them build good habits.
- Open a student checking account
- Set up mobile banking & alerts
- Teach the basics of credit and debit
- Talk about fraud prevention and password safety
Bonus Tip: Look for no-fee accounts with easy ATM access.
3. Dorm Essentials — Pack Smart, Not Heavy
Dorm shopping can get out of hand fast. Stick to the must-haves, then layer in comfort.
Pack This:
- Twin XL bedding, towels, storage bins
- Shower caddy, first-aid kit, surge protector
- Photos and a favorite blanket — but no clutter
Save Money By:
- Coordinating with roommates (no need for two fridges)
- Waiting for sales or shopping secondhand
- Following dorm rules to avoid buying banned items
4. Prep for Academic Success
The right habits matter more than the right laptop.
Before Move-In:
- Submit final transcripts, vaccine records, and class registrations
- Rent or buy used textbooks — double-check ISBNs
Encourage Good Habits:
- Block out weekly study time
- Use a calendar or app to track assignments and exams
- Visit professors and tutoring centers early and often
5. Stay Connected — But Let Go
College is a major step toward independence. But they still need your support.
- Let them take the lead — offer advice when asked
- Check in — not just on grades, but on life and money
- Celebrate progress, not just perfection
Caro Credit Union Is Here to Help
From student accouns to custom college budgets, Caro Credit Union has the tools and advice to guide your family through this new season.
Visit a branch, give us a call, or explore our student banking tools today. Let’s help your freshman start strong.
