Money Is a Tool To Create a Life You Love
The Ramsey Show
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Navigating Family Finances and Credit Risks
This chapter addresses a listener's concerns about her husband opening credit cards in their children's names without consent, emphasizing the risks of trust issues and identity theft. The speakers caution against adding minors as authorized users on credit cards, advocating for teaching children money management instead of relying on credit scores. Additionally, the chapter explores strategies for debt repayment, focusing on behavioral approaches to tackling credit card debt effectively.
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