Teen Credit Cards

25 September, 2007 (13:08) | Families, Personal Finance

Giving a teen a credit card (real or otherwise) is something that should be given serious thought. You know your child better than anyone else. Are they mature and responsible enough to handle it properly? Will they gain some valuable knowledge about real finances or become another one of the millions that are struggling with overwhelming credit card debt. That is something that you cannot know for sure. All you can do is teach them everything you can, then hope and pray for the best. Good luck!!!