teens and credit cards

Pens, check. Calculator, check. Notebook, check. Credit card? As kids head back into the classroom, parents of teens may find themselves wrestling with a far-from-academic question: Should you let your son or daughter have a credit card? Thanks to the CARD Act, the question is now more in your...

Is it ever a good idea for a teenager to have a credit card? Some, like Dave Ramsey, say absolutely not ... while others give a qualified yes. As a parent, who do you listen to? My kids watch closely as I swipe the card through the magic slot at the register. In their short lives it's something...