this post was submitted on 17 Oct 2023
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No teenager should be given a credit card under any circumstances. That's a great way to find yourself bankrupt.
Edit: Guys are we talking about credit cards or debit cards? There's a significant difference between the two and there's a lot of people telling me they had credit cards as teenagers, which seems unthinkable to me.
Not when teens have access to finance 101 classes in high school. It was an elective in my HS and you better believe I took it. I learned how to do my taxes, balance a budget. It was great. I wish this was a hard requirement for all HS students.
But I will agree, teenagers are pretty stupid. but at least I was a knowledgeable stupid teenager.
I got my credit card as a teen and never used it like a dumbass. Teaching people about money goes a long way.