Getting a credit card can be a daunting experience for some people…especially teens and their parents. On this week’s episode, we talk to Producer, Alex Ward about his decision to avoid using credit cards thus far, and its resulting implications. Additionally, our host speaks with Forbes contributing writer and philanthropist, Devin Thorpe, as he discusses the myths surrounding the establishment of credit, and why having a credit card early is important for teens in learning financial responsibility.
Popular guest speaker and author Devin D. Thorpe is a Forbes Contributor who covers social entrepreneurship, impact investing, philanthropy and corporate social responsibility. He brings a broad perspective to financial planning, having owned and operated an investment-banking firm, which included an investment advisory business, a mortgage brokerage and having served in a variety of corporate finance positions. http://www.forbes.