Kids and Credit Cards

A recent study by the Credit Abuse Resistance Education (CARE) program showed the number of 18- to 24-year-olds declaring bankruptcy has increased 96 percent in the last ten years. Credit payment problems are one of the key reasons younger people file for bankruptcy. According to the CARE report, Bad credit can negatively affect teens in the future -- their ability to get a job, a loan, basic insurance or even an apartment. According to a Teens and Personal Finance poll conducted by Junior...

Money Camp For Kids

There are countless summer camps out there. Summer camps that teach survival skills are pretty common, but what about a camp that teaches financial survival? Teens have a lot to learn. Only half of high school students in a recent survey correctly answered questions about saving, budgeting and retirement. Money camps are growing in popularity and that's good news because many schools don't cover the topic and parents aren't always the best teachers. They've made mistakes with their own mone...