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Print article. Whether or not your teen is planning to get a credit card next year, the truth is that your teen is likely to be swimming in credit card offers on and around campus. As a parent, here are seven things to teach your teen to make this foray into adult life a positive step toward building credit rather than a disastrous descent into debt. Yes, rewards are enticing, but encourage your child to ignore the glitz and points and choose the card with the lowest APR the interest rate and fixed fees that your teen will be charged on every purchase. Nor is it typically the highly marketed card that gets your child a free t-shirt or Frisbee on his walk to class.

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Teaching Your Teen to Drive

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The very idea of helping your children learn how to drive strikes fear into the hearts of many parents. Worries about putting a teen behind the wheel of one of the family's most expensive and dangerous possessions are real and tangible. If you are embarking on the process of teaching your first teen to drive, or if you are trying for a first "successful" experience, then there are some things you should know about teaching your child to drive. As you begin the process of teaching your teen driver, you should be aware of the basic rules for success. The number of times you drive with your teen is more important than the amount of time in each session. In the beginning, limit your practice time to 15 to 20 minutes at a time.

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Tips for Parents Teaching Their Teens How to Drive

The thought of your teen driving , just a couple years removed from middle school, is difficult to grasp. Rather than deny it, though, it's best to accept and do your best to teach your child sound driving skills. Don't forget to lead by example. Now that your teen is "driver-aware," practice sound driving habits when behind the wheel. Avoid racing through yellow signal lights, or passing when the center line is solid.

But if you do it right, you can set them up for a lifetime of financial success. Here's how to teach a teenager to budget money. Does your teen know the difference between expected and actual expenses?