HKFWS reaches youngsters in their campuses. With the aim of "strengthening families", we provide professional counselling service to nurture youngsters’ holistic development. Stepping into the Generation Z, youngsters indulge in internet, which creates family conflicts and parenting problems. Our social workers help youngsters facilitate their communications with parents and relieve family tension to promote mutual respect and understanding among family members.
Credit cards have become our mostly-used electronic payment tool. As they are convenient to use and banks regularly offer different discounts, which make users excessively use credit cards by paying minimum payment. If users cannot control, they will easily go in debt. How do we help our children adjust their mindset of using a credit card?
Using credit card is a kind of loan-borrowing. Before using your credit card, you should know you have to repay the loan. When you have an unpaid loan, you should take the responsibility of “paying the loans”. You have to minimize your living expenses and pay the loan to avoid the problem getting worse. Before using credit cards, you should know your reasons for using credit cards and consider the following three questions:
1. Do I really need to use a credit card in my daily life?
2. Can I control my desires when using a credit card?
3. After using the credit card, can I bear the responsibility for repayment?
Source: Financial Education Centre Certified Financial Social Worker
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