Do you agree that kids should be allowed to own credit cards?
Yes I a agree!! why?
1 . The best freedom of a man is "financial freedom". If your kid is financial free, during some little emergency, they must nit come to you first before fixing it.
2 . Before you give a child his or her credit card you must have thought them how to use it.
3 . It could be a way to build a child economically, they will learn how to manage money from their tender age. It will help them in the future time.
4 . Finally, remember you don have to give a child who is yet to recognize an object a Credit Card.
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To some extent, I must say yes!; and at the other side, I must say no! Yes in the sense that should something emergency occurs and both parents do not have money with them, the child will be of help. No!, in the sense that, cognitively the child hasn't developed to that stage of using credit card/huge money for his daily activities. On this note he/she cannot use it wisely as his/her parents. Thank you for this challenging task!
I clearly understand your point which is why I stated the last number of my answers.. Read it again and see..
KIDS should be thought on how to use anything before giving them the full control over it.
Thanks for coming around.
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