Why Students Should Be Taught How To Use Credit Cards By Their Parents

Why Students Should Be Taught How To Use Credit Cards By Their Parents. If you think about it, credit cards are only traps to the uninitiated. And responsibility is taught; it's not something you just grow into by virtue of the number of birthdays you've had. For people who've learned to be responsible with their credit cards, these cards are actually a convenience at the very least; and maybe even a savings tool in an optimal setting. With the lack of personal finance topics in our school's curriculum, how else are our youth going to learn about money matters if parents don't take the initiative?
A while back I featured a guest post about how students can apply for a credit card (along with some tips on handling it).

It was pretty run-of-the-mill, though I thought the concept of students handling credit cards was novel and I excitedly endorsed the idea. (As it turns out, it wasn't all that novel.)

I got a few random likes, but in one facebook group it was lambasted. The idea was apparently backwards and would result in disaster.

I had a long moment of self doubt. But as I thought deeply about it, I reaffirmed my earlier conclusion.

If you're a parent, and you're handling your credit card very well, then it's really a good idea to have your child get a credit card.

Why?
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