How college students can start building credit the right way

(InvestigateTV) - Managing money is rarely part of the official college curriculum, but WalletHub says one wrong move with fees or credit can cost students more than money - it can set back their credit-building efforts before their careers even begin.

John Kiernan, managing editor at WalletHub, said students need to understand what financial tools are available to them before heading to campus.

Kiernan's first tip: credit can be built without ever making a purchase."One thing I'll say for parents and students out there to build credit with a credit card, you don't necessarily have to make purchases," Kiernan said.