Kids should start building their credit as soon as they can.

Have you started working on credit for your kids? This is something a lot of people don't think about. I often see kids with a great job that they've been working at for four or five years, but they don't have any credit.

As soon as your kids are 17 or 18 years old, you should add them as an authorized user of a credit card, a personal loan, an installment loan, etc. You could even make them a co-borrower to start building credit. It'll take about six or seven months to see some movement on their credit. Teach them why their credit is important and how to use it responsibly. Having low or no credit will seriously delay their ability to buy a home.

If I can help you get started building your child’s credit or if you have any questions, reach out to me at (256) 627-6102. I look forward to hearing from you.