SGL Live on WGN 9 News – Financial Independence for College Students

College is a big step toward independence, and that includes learning how to manage money. Steve Lewit, President of SGL Financial, shares tips to help students budget, spend responsibly, and build confidence along the way.

Here’s what was covered Live on WGN 9 News:

• Financial independence is an important part of preparing students for life beyond college, but it starts with clear expectations and guidance from parents.

• Give students a set amount of money to manage each month and let them make their own spending decisions. Small mistakes can become valuable lessons in budgeting and responsibility.

• Credit cards should be treated as a tool, not extra income. Encourage students to keep their credit limits low and pay off the balance each month.