🔺Help Your Kids Get A High Credit Score

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By adding your kid as an authorized user to your credit card, you can give them a major head start with their finances!
An authorized user is someone who’s been added to a credit card account by the card’s owner that can make purchases with the credit card as if it were their own.
Naturally, you’re still responsible for any charges that are made by the authorized user, so one of the best practices is to hide the card in a drawer or cut it up so that it doesn’t get used.
When you add your child as an authorized user, they’ll be able to build credit history from your current spending habits. So as long as you have financial discipline and are using cards appropriately, your kids will also see their credit scores increase.
Over time, your child may even get a 700+ credit scoreby the time they’re 18 years old, letting them qualify for low rate mortgages and giving them a huge start to their financial future!
*Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites.
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