If you do not see video here, you may need to update or install the FREE
Adobe Flash Player. If you need more information about this, please visit
our help page.
Helping your teen learn to use a credit card responsibly while still at home may help them avoid the credit card debt that plagues so many young adults.*Note: New credit card rules to protect young people have gone into effect since this episode was filmed.
More ideas for you:
Owing (Northwestern Mutual)
Information and quizzes for teens on the advantages and disadvantages of credit cards
It Costs What?! (What's Up in Finance?)
How can four people end up paying different amounts for the exact same thing? Play along to learn about the cost of borrowing money.
Consumer's Guide to Credit Cards (Federal Reserve)
Learn about new credit card rules and how to understand a credit card offer and statement.
Credit Card Repayment Calculator (FTC)
Figure out how long it will take to pay off a credit card balance, and develop a plan for
paying off your balance sooner