Articles Written for Parents - CARE - Credit Abuse Resistance Education Program

News and Media Articles for Parents

Help Your Kids Stay Out of Debt

An 18 year old needs a credit card? (The Daily Record) 1/26/10 - New credit card regulations will take effect on 2/22/10. Parents need to know!

CNBC.com - On the Money - Top 5 Money Mistakes Parents Can Make - Having a serious talk about money may be difficult, but it's necessary.

Memphis Parent Magazine - "Having the Other Talk - Schools are Teaching Kids How to Manage Money" (Memphis, TN) 1/08 - Educators and Parents realize how important it is to teach financial literacy to their students and children.

Greece Post - "Help Kids Learn the ABC's of Personal Finance" (Greece, NY) 3/1/07 - Judge John C. Ninfo II discloses four simple ways to help children become financially responsible and learn how to manage their personal finance.

The Chicago Tribune - "Money problems enough to make you sick" (Chicago, IL) 2/20/05 - Those in debt can experience physical effects of stress directly linked to being in debt.

NABTalk Volume 20, Number 2 - "CARE Warns Students About Credit Card Debt" (Columbia, SC) - Judge John C. Ninfo II gives his insight about what drove him to create the CARE Program and urges other bankruptcy professionals to bring the CARE Program to their communities.

American Bankruptcy Institute Journal - "Credit Education for Young People Works" 6/04 - Bankruptcy law professionals involved in the CARE Program tell why they think the program is to beneficial to today’s youths.

Messenger Post Newspaper Series - "Drowning in Debt" (Rochester, NY) 12/28/03 - Judge John C. Ninfo, II warns about today’s “buy now and worry later” lifestyle and talks about a real-life family and how it adversely affected them.

NextStep Magazine - Parent Guide - "Strapped" 3/3/04 - Irresponsible credit card use can ruin a college student’s life, but there are ways to avoid it.

NextStep Magazine - "Bankruptcy Bound" Mar/April 2005 - People in bankruptcy have often made these mistakes—avoid them and you’ll likely avoid bankruptcy.

NextStep Magazine - "Does it have to be Armani?" Jan/Feb 2006 - Five ways to avoid the credit card trap and have more cash and less debt.

Rochester Democrat and Chronicle - "What to do with your income tax refund? Five ideas" (Rochester, NY) 3/12/08 - Five ways to effectively use your tax refund check. This is also a good blueprint for building an emergency fund and paying down debt.

Congressional Testimony of Professor Elizabeth Warren on the Practices of the Credit Card Industry 2006 - Professor Elizabeth Warren shares some of the secrets behind credit card companies and their broken market.

Rochester Democrat and Chronicle - "To save money on gas, start by buying a lot less of it" (Rochester, NY) 9/7/05 - Think gas is draining your bank account? Here are some ways to help your bank account stay afloat when it comes to the gas pump.

Rochester Democrat and Chronicle - "Debit Cards a Big Hit with Buyers" (Rochester, NY) 1/9/05 - More and more people are using debit cards in place of credit cards to help their financial situation.

Rochester Democrat and Chronicle - "For Prosperous New Year, Set up an Emergency Fund" - Although it may seem logical, many consumers don't have a rainy day fund. See why this simple task just may help save you from debt.

Rochester Democrat and Chronicle - "Internet shopping is deceptively dangerous" - Does online shopping subconsciously make you spend more money?

Budgeting

The San Diego Union-Tribune - "Surviving the holidays in financial health" (San Diego, CA) 12/9/04 - Helpful tips on how to relax and enjoy the holiday season without being worried about exhausting your bank account.

Illinois Forward Magazine - "How to Avoid Becoming a Credit Card Statistic" 2005 - Judge John C. Ninfo II shares seven helpful tips to help you resist temptations of overspending and living above your means using a credit card.

Times Union - "Credit Crunch" (Albany, N.Y.) 5/16/05 - A student from Albany High School shares how her parents, along with the CARE Program, have helped her become financially literate and gives suggestions on how to keep within your budget.

Finger Lakes Times - "A Costly Lesson: Bankruptcy Judge Warns About Dangers of Credit Cards" (Geneva, NY) 5/2/05 - Students at Ovid High School learn the importance of budgeting and having good credit.

NextStep Magazine - Parent Guide - "Strapped" 3/3/04 - Irresponsible credit card use can ruin a college student’s life, but there are ways to avoid it.

NextStep Magazine - Parent Guide - "Creating Debt-Free College Grads" 2005 - Nine steps parents can take to help their college-age child avoid the credit card trap.

NextStep Magazine - Parent Guide - "Help your teen stay debt free in college" 2006 - Parents, either prepare your high school senior for the financial minefield ahead, or set up a “bail my kid out of credit card debt” fund now.

NextStep Magazine - Parent Guide - "Talk to your teens about money" 2007 - Talk to your teens about money, before the predators do.

Credit Industry Practices

Virginian - Pilot - "Granby High Students Cash in on Financial Literacy Seminar" (Norfolk, VA) 6/1/06 - U.S. Bankruptcy Judge David Adams, along with other Bankruptcy professionals, disclose the hidden dangers that occur due to credit card industry practices.

Italian American Community News - "Final Thoughts" (Rochester, NY) Oct.2007 - Follow these helpful tips on how to improve your financial situation and avoid going into debt.

NextStep Magazine - "True Cost of a Credit Card Debt-filled Life" Nov/Dec 2004 - Credit cards cost you in interest and charge fees, prevent you from using the money for other things, and can cause other unwanted consequences.

NextStep Magazine - Parent Guide - "Creating Debt-Free College Grads" 2005 - Nine steps parents can take to help their college-age child avoid the credit card trap.

Savings

Italian American Community News - "Final Thoughts" (Rochester, NY) Oct.2007 - Follow these helpful tips on how to improve your financial situation and avoid going into debt.

Italian American Community News - "Teach Kids about Finances" (Rochester, NY) Sept.2007 - Parents teaching their children about personal fincance is the best way to help them avoid future financial hardships.