Note that I have until now, not given either child a credit card (tied to my account). I think that’s not a good way to get them into the habit of staying on a budget. Over the summer, with 7D1 going to college in Sept we did get her a “real” bank account (well, a student account at least…you save on fees) with a debit card. Also got 7D1 a “real” (well, a custodial one) account with an ATM card.