Student credit cards, something to read about

One of the lessons parents find particularly challenging is educating their kids on ways to be responsible with money. In these difficult financial times, there is no time like the present to provide your children with a foundation of frugality and wise spending behaviors. The best way to teach your children financial responsibility is to lead by example. If you regularly purchase things you cannot afford and continue to carry large balances on your credit cards, those practices will be modeled by your children. Likewise, if you pay your bills on time and take time to work on your budget, your kids will be more likely to mirror those practices.

08/01/09 13

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