Answer:
1.Giving teens a credit card is one way to teach them how to manage credit responsibly
2.A credit card provides you with instant access to money in case of an emergency. Most of us carry around the amount of cash we believe we will need for one particular day and not enough for an emergency. If you're away from home.
3.No Fear of Loss or Theft
example:
If you are traveling and you lose your cash or are robbed, you've lost all that money forever. If your credit card is lost or stolen and you report it immediately, you are out a maximum of $50 (and most companies will waive even this fee).