|PLANNING FOR A SOLID FUTURE|
|Posted on: Dec. 12, 2016 in Teens, Credit, Safety, Auto Insurance|
Parents of young adults have many concerns about their kids growing up. Getting them ready to be on their own is one of the best things a parent can do for a child. Teaching good habits will set them up for a bright future. Here are a few suggestions to get you started.
They’ve probably heard it a million times, but doing well in school and getting good grades is very important for their future. What they might not realize though is that those high grades can help them right now by lowering their car insurance premium. Full time high school and college students who maintain a high GPA should let their agent know to find out what credits they may qualify for.
Young adults should know that maintaining a good credit history is important. Having a good score will enable them to get better loan terms when it comes time to borrow for a car or a home. College students can easily get themselves into trouble by opening multiple credit cards, charging more than they can afford, and otherwise overextend themselves. Teaching them how to manage their finances now can save them from problems down the road.
Maintaining a clean driving record can help them in a multitude of ways. First, it will keep insurance premiums lower. Second, avoiding accidents will not only keep them safe, but it will save them money. Shelling out for deductibles or even a new car will set them back and it’s better to avoid that situation completely.
Making wise choices, practicing safe driving, and planning for a solid financial future are all ways young adults can set themselves up for the years ahead.
If you need auto financing but your credit is keeping you from getting approved, CreditYes can help! We can match you with a dealership in your area that will be with you every step of the way. Our service is fast and free. Fill out our secure online application and get behind the wheel of your next car today!