Protect teens from plastic traps

A growing number of financial institutions offer teens credit cards that they say promote financial independence. Unfortunately, many of those cards can cause teens to slip into deep debt.
WHAT TO DO:
If your teen is financially responsible, set up a joint or secured credit card and avoid the monthly fees of prepaid cards. But if your [...]

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Pick the best cash-back card

Each week you probably receive cash-back card offers in the mail. If you’re in the market for a cash-back card, follow these steps before making a choice:
Check the terms.
Before you sign up for a card, see how much cash you can get back and if you are required to shop at specific stores to redeem [...]

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