Talk to Your Kids About Credit Cards & Debt
My son went shopping yesterday for a new bathing suit. He came home with a new Speedo, and a department store credit card. First, let me clarify that the Speedo is a pair of swim trunks, and not the piece of stretchy material that is typically imagined when one thinks of a Speedo. Now that we have that particular visual addressed, I’ll get back to the issue at hand — his first credit card. My son is a recent college graduate. He’s 22 years old, so clearly an adult who can make his own choices. And yet, I feel extremely protective (and …