Episode 18: Safely Building Credit


  • Start a credit card with a cosigner young, and for a small, manageable amount that you can pay monthly.
  • If possible, parents can help their kids jump start their credit by teaching healthy habits, but also being a cosigner for a small credit card that is only used for gas or other regular, small purchases.
  • Not missing a payment is crucial for building credit, so make small purchases regularly and pay off the debt on time.
  • Avoiding debt but having small payments builds a healthy credit that can lead to a better credit score that will help you get approved for “healthy debt”, like student loans.
  • GHS is always here for you! Stop in to a branch or call us if you need us at (800) 732-4447.