SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...

As you teach your kids about money, one important concept is how to use credit responsibly. Adding your children as authorized users on your credit card is one way to teach sound credit management ...

Having an established credit history and a good credit score is an important part of being financially independent. Teaching ...

“Add your child as an authorized user so you can help them establish a good credit history.” It’s common advice — and it’s not wrong. Assuming you have an excellent credit history yourself, as well as ...

Adding an authorized user can be an effective strategy, but it helps first to know how issuers and credit bureaus handle this information. Many or all of the products on this page are from partners ...

Adding children as authorized users on credit cards can build their credit history, but it comes with potential fees and risks. Parents are increasingly adding children as authorized users on credit ...

Giving a toddler a credit card may sound wild, but it’s actually a smart financial move for my entire family. Money; Getty Images A healthy credit profile and a good credit score are the financial ...