Credit Cards For Teens
Credit cards for a teen can be a dangerous thing because they can be used inappropriately by charging miscellaneous items to the card or buying things that really aren't essential. There should be set ground rules, regarding credit cards for teens, that can help to determine how the card will be used. If the main reason to have one is for emergency purposes only, then this is a good idea. Depending on how old the teen is, he or she will be able to show responsibility by having credit cards for teens.
If a parent is going to pursue this financial route, then every avenue on educating children on how to properly use them should be considered. There are programs available that teach how credit cards for a teen can be used. Each program can show the teenager how they work-the appropriate way to use them and when to avoid them all together. If ever they were in a situation where they were coming home from a party and their car broke down in the middle of the night, they can use credit cards for teens that their parents gave them. If a parent cannot be nearby and able to help their child, the next best thing would be to use the credit cards for a teen. Proverbs 3:27 says Withhold not good from them to whom it is due, when it is in the power of thine hand to do it. Before giving a teenager any sort of charge card, instill proper Biblical financial principles. With the right foundation, any teenager has the potential for success with this type of spending. If a parent is uncomfortable with teaching these principles, seek help instead of overlooking this important aspect of financial education.
If a parent has decided to give a teenager this type of responsibility then it is important to lay the groundwork for continued financial responsibility. Unless the child has a job and can prove responsible enough to have credit cards for a teen, they shouldn't be allowed to have one. A parent should make it so that their teenager is given responsibilities early on to manage their own finances. When any teenager is able to do this, they will probably show enough discernment on how to use credit cards for teens. It would also be a good idea to get with other parents and decide how to keep kids accountable.
If a parent is going to pursue this financial route, then every avenue on educating children on how to properly use them should be considered. There are programs available that teach how credit cards for a teen can be used. Each program can show the teenager how they work-the appropriate way to use them and when to avoid them all together. If ever they were in a situation where they were coming home from a party and their car broke down in the middle of the night, they can use credit cards for teens that their parents gave them. If a parent cannot be nearby and able to help their child, the next best thing would be to use the credit cards for a teen. Proverbs 3:27 says Withhold not good from them to whom it is due, when it is in the power of thine hand to do it. Before giving a teenager any sort of charge card, instill proper Biblical financial principles. With the right foundation, any teenager has the potential for success with this type of spending. If a parent is uncomfortable with teaching these principles, seek help instead of overlooking this important aspect of financial education.
If a parent has decided to give a teenager this type of responsibility then it is important to lay the groundwork for continued financial responsibility. Unless the child has a job and can prove responsible enough to have credit cards for a teen, they shouldn't be allowed to have one. A parent should make it so that their teenager is given responsibilities early on to manage their own finances. When any teenager is able to do this, they will probably show enough discernment on how to use credit cards for teens. It would also be a good idea to get with other parents and decide how to keep kids accountable.
posted by ravi at
7:28 AM
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