Vlog: You are not helping your child by building up their credit!

I hear a lot from parents who want to sign their teenager up for a credit card or car payment so they can teach their child how to be responsible and to build their credit. My response to that is if you want to help your child, do NOT let them sign up for a credit card. Instead teach them to live responsible, to live on less than they make and to pay for purchases with cash.

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