LibraryScenariosWhen parents disagree about teaching teenagers credit responsibility
Scenario

When parents disagree about teaching teenagers credit responsibility

My teenage son got his first credit card and immediately maxed it out buying things for his girlfriend, and my wife wants to pay it off while I think he needs to face the consequences. We're parenting from completely different philosophies about money and responsibility.

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More people experience this than they realize.

What we've seen

Two people raising a child together discover they have fundamentally different beliefs about how financial wisdom is learned and what protection versus consequences teach.

Ideas that help explain it
Worth thinking about

“Where Are You with Credit and creditworthiness?”

If this sounds familiar, the Library can help you find the bigger picture.