Credit scores are meant to be neutral measures of someone’s financial reliability, but in practice, they’re an easy way for ...

And the proof is in the pudding — according to the 2025 TIAA Institute-GFLEC finance and retirement report, most of Gen Z is ...

Handing your teenager a credit card can build financial muscle, but a single missed payment can tank their score for years.

Key Points Adding kids to your credit card as authorized users can help them build credit. As they get older, make sure to set ground rules. Teach your kids how to use credit cards wisely so they ...

Expert take: Teaching kids how to use debit and credit cards is an important part of their financial education. Start your children on debit cards, then help them build credit when they’re old ...

Teaching kids about credit cards and debit cards is an important part of their financial literacy. Credit cards borrow money from a card issuer, while debit cards withdraw money from a bank account.

Note, though, that some of these debit cards for kids charge monthly fees. Debit cards also have inferior consumer protections compared with credit cards. If your debit card or card information is ...

Choosing to give a child a credit or debit card depends on age, maturity and the goals for the child.

Getting credit cards for kids can boost their financial literacy and build their credit history. I did it with my own teens and lived to tell the tale.

Giving a child a credit or debit card may feel like setting your wallet on fire. However, there are good reasons to opt for plastic instead of cash.