We've talked about the importance of teaching kids about finances and money in the past, so we were interested to read this informative article:
Teaching Kids About Credit
As the author astutely points out, children are highly unlikely to learn about credit cards in school, so it is down to us as parents to teach them what they need to know - ideally well before they are old enough to get into any financial trouble.
Other resources available on the site include a free book all about how to raise credit score in order to improve your chances of obtaining a loan or other credit.
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