| If your child goes far away to school, a credit card with a low limit is a good idea. There are times my D has to quickly book a flight and can't get ahold of me and uses her card. We started her at $400, then upped her to $2000 this year for her study abroad. She has needed it to mostly book flights and hostels as they travel around Europe in their downtime. Of course, I can see the downside if your child is irresponsible with money. But then again, if they don't start learning at college age how to handle money, when will they start? Handling your money and spending is a lifelong challenge for everyone. |