Reasons Why Teens Should Not Have Their Own Credit Cards

Many-a-times, it gets really difficult to distinguish and identify the line between right and wrong. Such a judgment can often be person-specific and taken on the basis of personal views and experiences. Making the right decision becomes all the more difficult when people are at an age when anything fancy attracts the eye, luring them in a way unimaginable. Teenage is that stage of life when thousands of queries and doubts boggle the mind of a person and bring along with them, the constant desire to find an answer. This is the stage when they take a journey transcending the youthful thoughts and emotions of childhood and move to the onset of adolescence and finally adulthood.  There is this constant need to feel responsible and grown-up.

 

Many people feel that allowing teenagers to use credit cards is a great way to make them learn about the importance of managing money and most importantly, to make them feel responsible. These cards not only teach them a basic lesson in money handling, but are also a highly convenient form of exchange that can be used for all purposes. However, every coin has two sides and this case is no exception. Reports of misuse and poor handling of credit cards by teenagers are found almost every day in papers and broadcasts. In spite of frequent lessons and programs to educate them about the matter, such incidences continue to be reported. Given below are reasons why teens should not have their own credit cards. Read on and decide for yourself.