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Reply to "Do you have an age cut off on supporting adult kids?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I had my mom’s credit card for at least my whole 20’s. I tapered use of it and then I think by 25 I only used it when she explicitly told me to, usually for family vacations or like, if I was shopping for Thanksgiving they hosted. But she would also tell me to use it for like, an interview suit, or something like that. They also gave me a check every year and still do, as part of their estate plans. [/quote] She gave you the actual card or just the information? I thought credit cards were not supposed to be used by someone else. [/quote] Officially not, but if you authorize it, it's easy to do. Also, our kids each got a card at age 16 (when they started driving solo), so it was a card I was primary on, and I added the kids, so they started building credit. Now it has a $20K limit and each kid still has their card. When they charge something we are going to pay for, they use that card (well the one still in college uses it for most everything). That way it's easier for us to pay for travel and such. [/quote]
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