Advice for specific things that teens can do or be aware of that will help them to avoid getting into debt and?

KNOW how much you earn and spend LESS than you earn.


NEVER borrow and you can't get in debt.Advice for specific things that teens can do or be aware of that will help them to avoid getting into debt and?
A great idea, I think, would be to give them a reloadable credit card. I'm an adult and I use this for myself! I like the Mio card, personally. Use the locator to see if they are available in your area. They are good ';starter'; cards to see how your teen will handle credit. While these cards are convenient, they will not help you build credit, however. To build credit, use a ';secured'; credit card, which you can get at the bank. I would first start with the Mio card, again, to see how they handle it.