Kids and Money

Ready for the responsibility? Considering credit cards for first timers

Savings account? Definitely. Checking account? Possibly. A credit card for your teen? Let’s explore that one. Opening that first credit card is a decision that should be based on a variety of factors, but is it right for every teen? We explore the pros and cons of credit cards for first timers ­­­­– and what it means for parents who must co-sign.

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Author SAC FCU Managing Editor

Kids and Money

Unspoiled: The importance of teaching kids about money

It’s every parent’s dilemma: You want the best for your kids, yet you don’t want to spoil them. And finding a balance between giving them enough – but not too much – can be a struggle. We’ve got a few tips to help you navigate this tricky terrain, including practical advice for how (and when) to teach them valuable financial lessons they’ll use for a lifetime.

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Author SAC FCU Managing Editor