Given the popularity of video among high school/college students, I will start featuring informative and short videos that are timely too.  Videos also serve as a great way for students to get familiar with financial product “lingo.”  This week the videos below deal with the right time to give kids a credit card, Apple Pay and technology changes coming to address security shortcomings with credit cards.

• Pitfalls of getting credit card for a child (CBS, 1.25 minutes)

But a question that will almost always come up when shopping and spending money with a teenager is this: What is the right age or time for a student to get their first credit card?

• How to protect your credit cards from being hacked (Fox Business, 3 minutes):

Chief Enterprise Risk Officer at Visa Inc Ellen Richey explains the latest methods to stopping credit card hackers.

• Credit/Debit cards aimed at college students can carry high fees (WRAL.com, 2 minutes):

Consumers Union found some college-logo credit cards have low-cost options, but students need to be careful, or risk hundreds of dollars a year in usage fees.

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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