Tip Sheets for Young People

Buying a new cell phone and deciding on a cell phone service plan can be confusing and frustrating. Cell phones are essential but deciding which one is right for you can be difficult. The same goes for choosing a cell phone carrier and plan. There can be big differences in prices, plans, and coverage among cell phone carriers. Here are some tips to help you figure out what you need and want in a cell phone and cell phone service.

A lease is a contract you sign to rent an apartment or house. You should always get a written lease. Read the lease before you sign it. If you have any questions about the lease, take pictures of every page and talk about it with someone you trust before you sign it. It is your right to read, understand, and agree with the lease before you sign it.

What should you look for in the lease?

For most youth and young adults, student loans are a necessary part of college, even when a financial aid package includes scholarships. In choosing loans and loan amounts, there are many options and factors to consider that can have significant long-term impacts. This tip sheet provides some important information to keep in mind as you prepare to pay for college.

Although some private lenders may offer various public loan features, like the ability to reduce or halt payments because of a financial hardship, federal student loans usually provide more repayment options for borrowers.