Put my daughter on 3 of mine at 16yrs old. At 18 she got her own Amex Gold and Blue Cash preferred, Discover, Chase Sapphire preferred and Amazon cards. Also, a car loan. Her credit score is actually better then mine 😅. I'm going to do the same for my son.
Wish my parents would've done the same! I'm 24 and just asked my mom to add me to her card from the 80s. It's used just enough to keep the account open and paid off in full. My nephew just turned a year old and I'm still building up my credit with plans to add him as authorized user 15 years from now lol.
When is the other way around where the parent has financial problems and opens the card and their kids name so they can even more in debt and then the kid ends up being 18 with jacked up credit.. that's a form of child abuse😢
Correct me if I’m wrong. My children are six or four years old, adding them as authorized users at 18 years old will be better because it’s my credit history that’s important not the AGE that they become authorized users?
If you become an authorized user and your credit improves, can you take out credit cards for yourself and then have the person remove you as an authorized user after?
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Put my daughter on 3 of mine at 16yrs old. At 18 she got her own Amex Gold and Blue Cash preferred, Discover, Chase Sapphire preferred and Amazon cards. Also, a car loan. Her credit score is actually better then mine 😅. I'm going to do the same for my son.
That's AWESOME Family 🙌🏿🔥🙌🏿
Wish my parents would've done the same! I'm 24 and just asked my mom to add me to her card from the 80s. It's used just enough to keep the account open and paid off in full. My nephew just turned a year old and I'm still building up my credit with plans to add him as authorized user 15 years from now lol.
When is the other way around where the parent has financial problems and opens the card and their kids name so they can even more in debt and then the kid ends up being 18 with jacked up credit.. that's a form of child abuse😢
I agree. Also the kid could file charges against the parent.
Correct me if I’m wrong. My children are six or four years old, adding them as authorized users at 18 years old will be better because it’s my credit history that’s important not the AGE that they become authorized users?
That is 100% correct.
If you become an authorized user and your credit improves, can you take out credit cards for yourself and then have the person remove you as an authorized user after?
That is 100% correct.
@@MoneyMelJr thank you!
No problem Family
Ok
Let's go family!!!!
I saw u at national harbor lol
It was nice to meet you. I appreciate your generosity and putting a smile on my kids face💖
Welcome to our family
@@MoneyMelJr wait I did?
Thought you were the person that gave my kids the last 3 tickets for the Ice Bumper Cars 😅
@@MoneyMelJr oh! 🤣
🕶
Thanks for the love brother 🙏🏿 ❤
Today
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