As parents, we want the best for our children, and that includes providing them with the best start in their financial lives. What if I told you that it was possible to have built 17 years of excellent payment histories, with excellent credit scores to boot, BEFORE we went to college? What would it be worth to start your children and grand children’s lives with excellent credit and the opportunity to be knowledgeable about credit as minors?

The opportunity to do that is now. Follow these steps to create excellent credit for your children and help them begin their life journeys with everything they need:

1. Make sure you’re following the proper credit rules by developing your credit first. The habits that we adopt ourselves are also adopted by our children, so it is important that we are using the right habits and schedules to create excellent credit in order to pass those habits on to our children.

2. Add your children to your credit card. When you have excellent credit habits, adding your minor children to your credit card at a young age will give them years of consistent, excellent payment histories and excellent credit scores.

3. Play games with your children to make them familiar with proper credit use. Children love games and being interactive. Reality based board games that allow children to use money and credit to create excellent credit will prepare them for using credit when they become older.

4. Protect your credit standing, your children are counting on you! Make sure you create a time cushion between your payments so that if anything unforeseen happens, you have the leeway you need to pay your bills without interruption. With your children on your credit, they run the risk of having their credit ruined before they even get a chance to use it – take extra care with the way you protect your credit!

5. Take your child off of your credit card when they turn 18. At 18, your child can legally get a copy of your credit card in their name as a joint card holder and begin using your credit for purchases. The goal of adding your child to your credit is to start their lives with excellent credit and show them what credit is used for so that they care for it properly. You do not want to give them a gateway to your credit as a practice ground. The better prepared they are for the real world, the better care that they will take of their credit – their livelihood depends on it!

Following these tips will allow you to give your children the head start they need in life with readily accessible excellent credit at 18 years old. If we had that resource starting out, and the knowledge base to care for it, we could have avoided a lot of bad credit decisions and accomplished a lot more. Now you can provide your children the tools that will motivate them to care for their credit, and by knowing what the purpose of credit really is, they will accomplish the lifestyle they desire.

If you could find a book that was short and to the point, that gave you exactly what you needed to establish, restore or upgrade your credit, would it be worth adding to your library?

Pick up your copy of my 57 page, action-based guide Better Than Credit Repair. This book teaches the importance of developing your credit and what the purpose of credit is in the first place, how to properly use and care for your credit, and gives you step-by-step, action based instructions on establishing, restoring and upgrading your credit to excellent credit. Begin developing your credit toward something more today, for only $12.95. http://www.FreeCreditClass.org

As a special bonus, get two free dispute letters in the free eBook “How to Write a Dispute Letter” available by opting-in on the Credit Wealth Classes Incorporated Website.

Tamara Rasheed is the founder of Beating Life’s Plateaus, LLC, founder of the non-profit organization Credit Wealth Classes Incorporated, Personal Credit Development, and Qualified Professional Credit Specialist. She has spent the past 7 years as a Professional Educator, Professional Goal Setter and Life Coach. Ms. Rasheed has authored her own textbook based upon the Credit Wealth Class titled Better Than Credit Repair: Beating The Bad Credit Plateau with Personal Credit Development and has received an endorsement in 2007 from Michigan Works! Livonia Service Center backed by the Michigan Department of Labor and Economic Growth.

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