Tampa, FL — June 17, 2015 — Dave Fulk, president of National Credit Federation, published a new blog post entitled “How to Explain Credit To Your Kids.” In the post, he discusses the importance of talking to tweens and teens about credit cards and credit scores, advising families to take a hands-on approach that will prepare their children for a financially stable future.
Fulk says, “Even though parents want their kids to grow up into smart, capable adults, not all children receive the financial education that can help them make their dreams into reality. While spending and saving are basic concepts that most young people understand well, credit is a trickier subject that merits some explanation, even to the brightest of kids. Whether you decide to trust your teen with a credit card or just want to prepare them for the future, the concept of credit is vital for all parents to relate to their children.”
Dave Fulk, NACSO, CCRA, is the president of National Credit Federation and a national speaker on finance and credit. He has over 10 years of experience in the financial industry, specializing in finance, mortgages, and credit.
Read the whole article here. http://www.nationalcreditfederation.com/how-to-explain-credit-to-your-kids/
About National Credit Federation:
National Credit Federation helps people accomplish their financial goals through credit repair, debt settlement, student loan consolidation, and business funding. The NCF mission is to help members who are currently in or have successfully come through a financial crisis improve their creditworthiness, allowing them to achieve their credit objectives, including home ownership. This mission is accomplished by providing members with access to resources not normally available to “non-credit worthy” consumers, such as financing, banking, credit lines, professional legal assistance, tax advice, personal financial coaching, and personal financial education. One of the oldest and most trusted companies in the nation, NCF has been featured in Forbes magazine, USA Today Yahoo Finance and 27 other major news outlets. They have an A rating with the BBB and have over 600+ testimonials from previous clients they have helped.