As a parent, you want your children to be very responsible once they head off to college. Whether they are attending a local university or they are attending a college one thousand miles away, you truly care for them. When you think about your child going off to college, you tend to worry about their safety and financial status. You not only want your child to be safe but have enough money to get by each day.
As your children grow old and reach the ripe age of 18, they are considered an adult in the United States. Not only can they now buy cigarettes and lottery tickets, they can also apply for a student credit card. Before your child goes dipping into the credit card market, youre going to want to point out a few things to them even if they dont tend to listen. Like a alcohol or drug lecture, a credit card lecture should be taken very serious just as important.
Why should a parent talk to their child about a credit card? Its simple. A credit card Is your childs financial future. You want to make sure that they dont start spending money that they dont have. If they already have student loans, a credit card may be a bad idea. The more debt you have when...
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