5 ground rules for your teen authorized user
Tell me if you know the answers to these questions…
What’s the best way to handle a credit card?
Why is that so important?
In preparation for making my 17-year-old an authorized user on one of my cards, I asked him these questions this weekend. He passed with flying colors. More on that later…
Don’t let emotions blow your holiday budget
When our kids were younger, and the holidays were a major expenditure, I always felt overstretched financially. Every year I came up with a holiday budget, and every year, I’d break the bank.
There was even a time when I bought with credit cards and worried about the how to pay them off in January. Bad idea.
I’ve learned my lessons since then, and it seems I’m not alone.
More Americans are holiday shopping with cash set aside for that purpose, while fewer are putting their holiday expenses on credit cards, an Accenture study has found.