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LAS VEGAS — Right now, many recent high school graduates are facing a tough question — is it worth it to take on tens of thousands of dollars in debt to attend college during a pandemic?The irony of building credit is that it requires taking on debt — and no one wants to take on debt, especially during the pandemic. But according to one credit expert, there are some simple financial moves that parents can make right now to set up their kids for future financial success.Building credit isn't priority number one for kids, but it could open or close a lot of doors down the road."Good credit can make things easier for you in the future, whether it's securing loans, credit cards with better terms and rates. It might even help your ability to land a job or a desirable apartment," said Nathan Grant, a senior credit industry analyst at CreditCardInsider.com.Grant says that even though kids can't open their own bank account until their 18, parents can start teaching kids about credit long before that, perhaps with a prepaid card."Many of those allow for monthly direct deposits. So, you could have their allowance loaded directly on their card, and that could, at an early age, give them a way to understand budgeting and using a card that has a limit on it to teach them better spending habits," Grant said.Then, as children approach adulthood, Grant says that parents should consider making them an authorized user on a family credit card. Even if parents are not ready to let kids make purchases and payments on the card, Grant says just making them an authorized user will help them build credit."Many credit card issuers offer this, and most issuers report the account's activity in the authorized user's name, whether or not they are actually using the account. So, you can add them as a user and not give them access. It will hopefully build their credit up right out of the gate," Grant said.When kids are ready for their own cards, parents shouldn't just pick the shiniest piece of plastic. Grant says a secured credit card could be a safer option for someone with little or no credit."It uses a refundable security deposit that you fund yourself to fund the account's credit limit, upon approval," Grant said. "So, there's less risk on the issuer's part. So, for somebody who is new to credit or doesn't have any credit history, that could get your foot in the door.Grant said he couldn't offer advice either way on whether grads should pay for college with credit. But he said that anyone that decides to take a "gap year" should try to pay off any existing debts and save for the future.For those that do decide to go attend college, Grant has some general advice."The best rule of thumb, on top of just general responsible use, is just try not to use your credit card for purchases you know you won't be able to pay off before that monthly due date," he said. "Not spending beyond your means, that's going to be more valuable in your college years than ever."For more ways to boost your credit score, click here.This story was originally published by Ross DiMattei on KTNV in Las Vegas. 3114
LAKESIDE, Calif. (KGTV) -- An annual tradition is underway in Lakeside - where the Eastern San Diego County Junior Fair is in full swing. 156

LAS VEGAS (KTNV) — Thousands of MGM Resorts employees will lose their jobs effective Aug. 31, according to a letter sent this morning by CEO Bill Hornbuckle.Approximately 18,000 are being laid off. It is unclear how many Las Vegas employees will be affected. Most but not all of the MGM Resorts properties have reopened in Las Vegas.The hotel-casinos were forced to close because of the coronavirus pandemic. They were allowed to reopen June 4 but business has not been the same.MGM Resorts also operates casinos in Mississippi, Massachusetts, Michigan, New York and overseas in Macao. It is not clear how many employees at each locations are impacted by the lay offs. Hornbuckle also says that he understands the impact this will have on employees and their families and that the leadership team is working “around the clock” to find ways to grow back the business and bring back more colleagues.The letter also informs employees that their heath benefits are being extended through Sept. 30 and employees who return by Dec. 31, 2021, will retain their seniority and immediately resume their benefits.MGM Resorts will also continue supporting current and former employees as needed through the MGM Employee Emergency Grant Fund.READ THE FULL LETTER HEREThis story originally reported by Joyce Lupiani on KTNV.com. 1323
Latest 4 PM advisory update from @NHC_Atlantic on Hurricane #Sally. Sally has strengthened to a Category 2 storm and is expected to continue strengthening in intensity through late tonight. Finalize preparations NOW . #lawx #mswx pic.twitter.com/rTwNcijKfq— NWS New Orleans (@NWSNewOrleans) September 14, 2020 318
Las Vegas Police said they received calls about a person with a gun at the Boulevard Mall Thursday evening.No injuries have been confirmed, and no reports of shots fired. The mall was evacuated while officers made sure the person with a gun was not inside the mall. Police told the media during a press briefing that video has been obtained of a person wearing a mask with a long gun. At this time, no one has been arrested. The incident began shortly after 7 p.m. PT. 502
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