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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About Jon White

Giving people hope and seeing them win with their finances is something I have a strong passion for. Because of this passion I started JW’s Financial Coaching in the summer of 2010. Financial coaching has allowed me to combine my passions of finances, teaching, and helping others by helping people get on the right track financially. I'm interested in hearing your story so please do not hesitate to interact with me through social media.
This entry was posted in Children, College, Credit Cards, Debt, Vlog and tagged , . Bookmark the permalink.

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