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Old 03-26-2005, 09:11 AM
crosses crosses is offline
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Default Re: Piggy Back the Kids on CC

I did a similar thing and it worked out well. I got a duel credit card with my kids and set the limit of the card to their savings account (at the time, it was a few hundred dollars). When the bills came in, the money went out of their savings account. That way they could see that the money wasn't free. There were some mistakes along the way, but they did learn how to handle the credit card over time I think.
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