Should Teens Have Credit Cards?

If the teen does not know anything about financial spending, then no. If the teen knows how to save and spend when needed, then yes. Those are the choices. Ways of helping them figure out financial spending, you could give them their own account, joint account with the parent, and a credit account tied in with their own account. Parents could also get a prepaid acount for them. The smart thing to do is pay it off when you get the bill.