Why can’t you just use your credit card?
Cash can be seen and touched and kids get that, usually at an early age,
i don't know about fico score but we have a very, very good credit rating, lenders over the years have told us they don't even see scores like that anymore, generally speaking ( really makes you wonder.. ).
That's what we do. Our MasterCard has a generous cash-back policy. So, we pay for almost everything on the card, then pay the balance in full at the end of the month.
"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day Daily #459 P1
Fico scores are important to me and always will be. I want to get the lowest possible interest rate on whatever I chose. We have high fico scores and just because I own a home and car does not mean that I don't care about what they are anymore.
I believe is starting with a credit card with a low amount of credit, paying it off and building up your credit. We have high credit scores that has allowed us to have very low interest rates on our home, cars, loans, etc.
you said debit card, does he already have a checkiing account then, too?
It's the same as my atm card.
The truth may be out there but lies are in your head. Terry Pratchett