Friday, August 22, 2008

Why Credit Cards are a Bad Idea

As parents, we need to teach their children about money before they go away to college, and ideally, starting much younger than that.

redit card companies pay universities millions of dollars each year to hand out free pizzas, clothing and credit card applications. If you do not teach your children about how to handle money, Visa and MasterCard will.

My wife and I are choosing to take this responsibility head-on because we know our children will not learn it anywhere else. Could you do the same?

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