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Why should your child get their first credit card at 16?

Did you know that landlords may require a certain credit score to rent their property? And that credit scores may be used to set interest rates on a car or student loan? Utility companies often use the information to set their security deposit. A better credit score will reduce the cost of a personal loan if you need one. Chapter 3 “Accounts and Credit” in Financially Independent Teens explains in more detail why good credit matters and why your teen needs to start building credit early!

Our books are available on Amazon as a Kindle or print book. Our website has additional information that you may find useful.

These books highlight important topics like those below:

·Creating financial goals and values

·Budgeting ·Building your credit score

·Teaching children the value of money

·Investing in stocks

·Setting up retirement accounts

·Empowering yourself and your children be financially confident and competent

After you read the book, we would appreciate it if you would write a review on Amazon.


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