Money for Students: Checkpoint 1

Many banks allow minors aged 10 and above to operate their own accounts within limits.

Repayment usually starts after the course plus a grace period, though interest may accrue.

Paying fixed costs first and pacing variable spending prevents month-end shortfalls.

Scholarships granted to meet the cost of education are generally tax-exempt.

A secured card used carefully and paid in full builds a good credit score.