Teens and Credit CardsWednesday, March 07, 2012 By Rafael Hurtado
I am going to talk about why teens shouldn’t be able to use credit cards. I will be providing a lot of facts about this subject and I have some very powerful reasons why I think they shouldn’t be used by teens. I will be covering responsibility, debt and many more reasons that support my argument. One reason why I think teens shouldn’t have a credit card is because it’s too much responsibility .What I mean by this is that they have to worry about how much they’re spending going and into debt. Teenagers will get too overwhelmed and spend a lot because they know they have that money on the card. Another reason is that teenagers don’t really need to worry about that; they should be focused more on school instead of what they’re going to pay for later for their bill or what they need to buy next. Plus, teenagers these days don’t know about interest; I don’t even know about interests or payments. Teenagers only know they are spending and buying things with the card that they get a bill, but most of them don’t know about the interest. Most people say they need a credit card to order things online. Yes this is true, but there is a downside, to it or possibly a downside to it depending on the person. Most teens will go over board and buy EVERYTHING they desire online. I think that buying stuff online with a credit card is more addicting then buying at the store with a credit card. Because Instead of going to the store looking for what you want you can go on the internet, type it in, and its there! Besides the cost of the item sometimes you will have to pay shipping and handling which can cost up to 20 dollars depending on what you’re ordering. Plus if a teen has a credit card he can order things that make him do bad things like lighters, spray paint, and more, and they can get the things they want if they have a credit card. Teens with credit cards can also go into debt very easily buying a lot of things that are over priced. A good thing would be spending a little bit every week, but most teens don’t know how to ration their money. Another thing is that they buy things they don’t need like things for their personal pleasure. If they keep buying these kinds of things, their credit card bill is going to go completely overboard. Most teens push their bills aside every time they get them and wait until the next bill to pay. But what they don’t realize is that the more you avoid the payments, the higher your bill goes; that’s interest. Most teens ignore the warnings and go overboard with their credit card. They don’t have money in their account, but still use it. They can still use it until the bank tells them, and then it’s too late; they’ve spent too much. In conclusion, I think teens shouldn’t have credit cards because it’s too much responsibility. They can go into debt and max it out so they won’t be able to us their card for emergencies. I think a teen should only have a credit card if they are very responsible and know how to handle their money. They should only use the credit card for emergencies. Spending a little is good, but not too much.