Ask Lisa: The Psychology of Raising Tweens & Teens  cover image

96: How Do I Raise Financially Responsible Kids? Special Guest Bobbi Rebell

Ask Lisa: The Psychology of Raising Tweens & Teens

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Should Kids Have Credit Cards?

The first credit card for most kids will probably be their name on your credit card. You can have a limit to how much they can spend and you have to be in tune with what's going on with them. It's important that they understand paying off the whole balance every month is not the number. If no one's ever explained it to you, many people think that they're paying their credit cards every month properly.

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