SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...
As you teach your kids about money, an important concept is how to use credit responsibly. Adding your children as authorized users on your credit card is one way to help teach sound credit management ...
“Add your child as an authorized user so you can help them establish a good credit history.” It’s common advice — and it’s not wrong. Assuming you have an excellent credit history yourself, as well as ...
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