YMC member, Tracy from Gilbert Plains, MB, asked: "My daughter is away at her first year of university. Should I give her a credit card to help her establish a credit rating?"
We went to money experts Deborah Kerbel and Gordon Pape, authors of Money Savvy Kids [1], to get the straight answer.
Watch this webisode to find out if giving your university bound child a credit card is a smart move or if the temptation of having accessible funds is simply tempting fate.