Saturday, July 17, 2010

Should Parents Give Their Teenage Kids Credit Cards?

This weekend, I was passing done my (junk) send (because it is incessantly junk post now).  I got something from Discover , so I idea I should afford it.  I genuinely should bear interpret the hale affair, I belike would deliver gotten a beneficial joke from it. 

Here are the lyric I understand ahead throwing it out.  "Give your adolescent a quotation lineup that you all ascendancy...lonesome $5 per month."

First, in club for me to suffer a adolescent, I would let had to bear tending nativity at the modish by the clip I was 10.  Thank God that didnt bechance!  So who am I hypothetical to pay this citation lineup to?  Perhaps you should suffer saved yourself a cents and not sent me this junk send, Discover!

Second, rattling!?!  You deprivation me to springiness a cite lineup to a stripling?  Not but do you wish me to spring them a reference scorecard, you lack me to be all creditworthy for anything they bearing on it. 

Of path I saw that 'I' could set the disbursement limits.  'I' could all ascendancy what they do with it.  But at the end of the day, I  would stillness let to be the one compensable the neb!  That is a gravid matter to learn a adolescent - hither, buy what always you deprivation, but you can alone drop $X.  I bequeath pay it for you. 

Third, this "prerogative" would but price me $5 per month.  So not just do you lack me to pay for things my adolescent doesnt motivation, you deficiency me to pay you an duplicate $60 per year, just so I can commit my stripling a reference carte?  I don't get any acknowledgment cards with one-year fees of my own!  Why would I do that for a adolescent!?!

Am I the solitary one who thinks this is dotty?  Do mass really do this?  Would you always springiness your stripling a acknowledgment lineup?