Ask Terry Questions open a debit/credit card for teenage daughter

open a debit/credit card for teenage daughter

By Terry Savage on September 23, 2015 | Credit/Debt

Hi Terry,
My daughter will be 15 in December and is a freshman in high school. When should I get her a debit and/or credit card? She has a bank account with about $2,000 in it. She does not work, yet. I want her to learn about how to use the debit and/or credit cards but not sure if she should have her own or be put on ours. Thanks

Terry Says:  Please click on this link to an article on that very topic that I just posted a week ago!  I’m sure it will help.

Recent Credit/Debt Questions

money

ASK TERRY

a personal
finance question