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Personal Finance > Credit Cards Should teens have credit cards?

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Allowing your teen to have their own credit card offers many positive outcomes as long as there are limits included.

Now, more than ever, our teens need to be better prepared for becoming independent. I remember having classes in high school that taught you how to balance a checkbook, write a check and create a budget. Classes like these are electives and our teens don't have the luxury to take this type of class. Their focus has to be on honors classes and extra science courses in order to get a 4.2 GPA just to get into their college of choice. Our teens end up very educated, but no...

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