SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...

Having an established credit history and a good credit score is an important part of being financially independent. Teaching your kids about responsible money management should involve a discussion of ...

As you teach your kids about money, an important concept is how to use credit responsibly. Adding your children as authorized users on your credit card is one way to help teach sound credit management ...

This page was originally published in early 2023 and still contains relevant interview quotes from that time. The rest of the article has since been updated. Making your child an authorized user on ...

Giving a toddler a credit card may sound wild, but it’s actually a smart financial move for my entire family. Money; Getty Images A healthy credit profile and a good credit score are the financial ...

Adding children as authorized users on credit cards can build their credit history, but it comes with potential fees and risks. Parents are increasingly adding children as authorized users on credit ...