Farrell: Is credit or debit card for teen a good idea?

  • Article by: CHRIS FARRELL
  • Updated: March 16, 2013 - 4:57 PM

Q: What is best way to provide money to teenager, i.e. debit card or even credit card or other?

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jd55604Mar. 19, 13 5:25 PM

Tell your teen to get a job, cash their pay checks and use the cash for purchases. When the amount of cash in their wallets is low they will know that their spending will have to decrease.

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mattandresenMar. 20, 1311:53 AM

I wish I had someone helping me budget more in college. http://www.moneysideoflife.com/confessions-of-a-money-side-of-lifer-er/

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