Dear Breakfast Club, I've have a question and I've heard you help out other listeners so I was hopeing you could help me make a decision.
Will a Credit Card Teach My Daughter Responsibility?
I know it's difficult to get credit when you're starting out, so I'm thinking of opening up a credit card for my 16-year-old daughter, and she'll have to make the payments.
I want her to build a good credit history by paying off the balance each month.
Will a credit card teach my 16-year-old responsibility? Or is it a bad idea because she could overuse it?
Thanks for your assistance,
Gene
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