Spending habits are developing at a younger age each generation. Teens are one of the most highly sought-after consumer groups.
Over 100,000 people under the age of 25 went bankrupt in 2001.
100,000! Is that only suprising to me?
One in three teens would prefer buying things with a credit card than cash. Why is that? Are you one of those teens?
Credit problems can affect getting a car, getting a job, renting an apartment... But you must build credit, and to do that you must go into debt.
How do you feel about credit cards? Is it safer to just never get one? Does it make sense that you need credit but that involves getting into debt?
Do you have a credit card?