1. Open a Secured Card
You might want to let your college grad move back home at least for a bit. Not having to shoulder a full rent payment on their own will allow them to have more financial wiggle room. While they’re there, consider putting a bill — like a utility — in their name. That can help build their credit history. Also, if they have student loans, make sure they are making timely payments. And while your kid is living at home, talk with them about the ins and outs of gaining and maintaining good credit. Once they have solid credit footing, they’ll know how to keep it that way.