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Who supports the money management for kids to obtain a secured credit card before they go to college?

October 22nd, 2012 Leave a comment Go to comments

Teaching children how to manage money is one thing, but do you think it is wise to let children get a "secured" credit card in their name?

No.
If they have been tought good money management skills they are able to live within their means. Only spend a portion of what they make and not more than.

  1. 529s.com
    October 22nd, 2012 at 15:22 | #1

    No.
    If they have been tought good money management skills they are able to live within their means. Only spend a portion of what they make and not more than.
    References :
    http://www.findlocalinsurance.com/library.html

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