Kids And Credit Cards. When Should They Meet? - KALB-TV News Channel 5 & CBS 2

Kids And Credit Cards. When Should They Meet?

Posted: Updated:

When is the best time to teach your children about using credit cards? Although kids mature at different rates, the earlier you can teach your kids about money and credit, the better.

Experts say a good way to get your kids familiar with the use of a credit card is to actually make them an authorized user on one of your accounts. Of course, you will want to set rules and limits about when it is proper to use the card and how much your child may put on the card. Then at the end of each month, go over the credit card statement with your child.

The important thing is to arm kids with as much information as possible so they can learn how to become responsible credit card users in the future.

 

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Metro Division conducts anti-prostitution operation

    Metro Division conducts anti-prostitution operation

    Monday, July 21 2014 9:38 AM EDT2014-07-21 13:38:27 GMT
    ALEXANDRIA, La. (KALB News Channel 5) - On July 17, 2014, the Metro Division of the Rapides Parish Sheriff’s Office conducted an operation targeting prostitution in the Alexandria area.The operation focused on internet solicitation for prostitutes at local hotels. More >>
    ALEXANDRIA, La. (KALB News Channel 5) - On July 17, 2014, the Metro Division of the Rapides Parish Sheriff’s Office conducted an operation targeting prostitution in the Alexandria area.The operation focused on internet solicitation for prostitutes at local hotels. More >>
  • Police: Baton Rouge asst. principal arrested

    Police: Baton Rouge asst. principal arrested

    Wednesday, July 23 2014 11:42 AM EDT2014-07-23 15:42:43 GMT
    BATON ROUGE, La. (AP) - Baton Rouge authorities say an assistant principal at Southeast Middle School has been arrested after admitting to investigators he sent nude pictures to a 15-year-old girl one night while he was drunk.More >>
    BATON ROUGE, La. (AP) - Baton Rouge authorities say an assistant principal at Southeast Middle School has been arrested after admitting to investigators he sent nude pictures to a 15-year-old girl one night while he was drunk.More >>
  • Woman accused of battering mayor prepares to head to court

    Woman accused of battering mayor prepares to head to court

    Tuesday, July 22 2014 7:41 PM EDT2014-07-22 23:41:19 GMT
    ALEXANDRIA, La. (KALB News Channel 5) -- An Alexandria woman is pleading for the city to drop a "simple battery" charge against her stemming from an incident at a city council meeting more than a year ago.More >>
    ALEXANDRIA, La. (KALB News Channel 5) -- An Alexandria woman is pleading for the city to drop a "simple battery" charge against her stemming from an incident at a city council meeting more than a year ago.More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.