From Credit Card Cool - Kids and Credit Cards
I think there is a heck of alot of wisdom in advising your children to avoid credit cards up until the age of 20. It takes time to understand the worth of money, how to earn it and how to manage it. Youngsters given credit cards, miss out on these important principals.
However, there certainly is some sense in your offspring getting onto the credit ladder at some point and here’s why:
1. Building up a good credit history can be important for the future. Particularly when you come to obtaining a mortgage.
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Posted by thecredi |
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