kims wrote:If personal finance and understanding "credit" were a mandatory class for high school students? I'm soooo wishing right now that at 17 I would have had someone teach me how important it is to be financially responsible. My parents sure didn't ~ not that I can blame them for my stupid decisions, carelessness and general aloofness when it came to credit cards. Their blow and go lifestyle didn't prepare me well. I remember thinking several times when I couldn't or didn't make a payment "What can they do to me...put it on my credit..hah..that's already blown to hell" Now I'm having to eat that thought and it sure is bitter. I'm going to make sure our sons know the meaning of healthy credit and being financially responsible.