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Credit Cards

No matter where you get your cash - an allowance, a part-time job or the Tooth Fairy - you wanna make sure you get the most bling-bling for your buck. Kidzworld has the 411 you need to keep your finances under control.
 

What Is Credit?

When you buy something on credit, it means that someone loaned you the money for it - usually a store or a bank. Credit cards (Visa, MasterCard, whatever) are cards you use to buy stuff with, instead of using cash. Credit cards are totally convenient and they help out in a financial emergency (no, wanting a new L.A.M.B. purse doesn't count as an emergency) but they aren't perfect. If you don't pay off your whole credit card bill when it comes at the end of the month, you'll be charged interest on the remaining balance, which means that that $50 sweater you put on your MasterCard could end up costing you a lot more than $50 in the long run. This can totally add up and you can wind up owing big money to the credit card companies if you're not careful.

Who gets Credit?

To get a credit card of your own you need to be 18 in most countries. Some kids get credit cards that are linked to their 'rents accounts. Your folks are totally responsible for all of the charges on these types of cards, so be extra careful with them! When you go to college, you'll notice tons of credit card peeps will try to convince you to sign-up for their card. If you decide to go for it, make sure you read all the fine print and get the lowest interest rate you can find. Once you've got a credit card, make sure to make all your payments are on time cuz if you don't, it will look bad on your credit rating. Your credit rating is a score that is used to decide if banks will lend you more money (for a car, house, new business, etc.).

The Hilary Duff Visa

Just cuz you're too young to have your own credit doesn't mean Visa doesn't want your business! Hilary Duff and the folks at Visa have teamed up to bring you the Hilary Duff Visa Gift Card. It's not a credit card cuz you can only spend whatever amount of cash your 'rents loaded it up with, but you can use the card anywhere Visa debit cards are accepted. These cards are cool cuz they give you the opportunity to spend your cash anywhere - you aren't limited to one store like you are with a gift certificate. Just keep in mind that getting used to buying everything on plastic is an easy way to get into bad spending habits in the future. A real Visa - or any other credit card - is not a toy!

Your Money

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What Do You Save Your Allowance For?

  • A big day out with your pals.
  • Video games and computer stuff.
  • Clothes, clothes and more clothes.
  • CDs or posters of my fave musicians.

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TacosandChocolate
SKITTLES RULE THE EARTH! 
reply 13 minutes
Heyyyyy_
Heyyyyy_ posted in New Users:
"TacosandChocolate" wrote:Hey, I'm new here. Pleased to meet you. So a bit about myself. I am random *throws cake at random person* I am crazy and funny and as my username says I love tacos and chocolate. Sky Blue is my made up name for role playing or Valentina Dayblossom. Sky is a goody goody and Valentina is a troublemaker and they are sisters. Once again pleased to meet you, good night. *throws skittles in air like confetti* Welcome to KW!  i am very random too and i love tht u threw some skittles in the air *grabs a yellow skittle* i was very hungry :) and btw, i LIVE for chocolate!!! 
reply 15 minutes
TacosandChocolate
Hey, I'm new here. Pleased to meet you. So a bit about myself. I am random *throws cake at random person* I am crazy and funny and as my username says I love tacos and chocolate. Sky Blue is my made up name for role playing or Valentina Dayblossom. Sky is a goody goody and Valentina is a troublemaker and they are sisters. Once again pleased to meet you, good night. *throws skittles in air like confetti*
reply 22 minutes
brunostar
brunostar posted in General:
I just realized the typo in the title
reply 31 minutes
Whitepaws101
Whitepaws101 posted in General:
Wow... Boy have I grown. To anybody reading this, whether you a be a past friend or current user, I really hope you're well. I've changed a lot since I've been here. Since I've left. I want you guys, my old friends (should you be reading this), to know a few things. No, I probably won't be back. Not for a very very long time. Yes, I miss you all. So very much. As said, I truely hope you're all still well and happy. And I want you to know I'm happy too. After I left this site, I really found myself, as cheesy as it may sound. But I'm happier now. Not completely happy, but I'm happier. And now, something that everyone could hear. Something that everyone should hear. I hope you all have a great life, for life is a gift we are given so very little of. Use it as you will, but be wise with it. Let nobody else deprive you because of the color of your skin, the thoughts on your mind, or the love in your heart. You're all so very beautiful and smart, in you're own grand way. You deserve this gift you've been given. Each and everyone of you. If you ever think that no one seems to care, always remember that even if you don't know me and I don't know you, I care. I care so very very much. I'll see you another time KW. My stay has been the most grand. Thank you all so much.
reply about 1 hour

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