The Ultimate Guide on How to Tell if Your Child Is Ready for a Credit Card

Is your child ready for a credit card? Or do they need to wait awhile? Read on to learn how to tell if your child is ready for their first credit card. You may be surprised to know that nearly 20 percent of the children between the ages of 8 and 14 have credit cards. Most credit card companies only issue cards to people older than 18 years old. However, did you know that many companies are starting to permit children to gain access to their parent's credit card via authorized user status? … [Read more...]

Still Don’t Have a Credit Card Yet? It Might Be Time to Apply

From a young age, many of us are taught never to spend money that we don’t own. This is why many of us steer well away from credit cards and we only rely on debit cards for spending. This is because we’re actually spending our own money, not using credit that we don’t have. Of course, good credit card practices do include only spending what you can afford, but just the idea of having a line of credit can lead us to make poor purchasing decisions that we ultimately might regret in the … [Read more...]