When I turned 18 (25 years ago), my parents had me open a credit card in my name so I could start building credit. I never used it though—they did (responsibly, this isn’t going in that direction).
An 18-year-old on the cusp of financial independence sparked a family debate by opening a Discover credit card to begin building their credit history. The move was intended to set a financial ...
Parents who want to help jumpstart their kid's credit score and credit history can take one fairly easy step, money experts say: Add your child as an authorized user to your credit card account. The ...
Handing your teenager a credit card can build financial muscle, but a single missed payment can tank their score for years. Our review of Federal Reserve and national survey data shows that the most ...