As I’ve noted before, my son is great about saving money — even at the tender age of 6. I’m proud of him for already having a firm discerning nature when it comes to wants vs. needs. That said, I’d never give him my credit card.
Not because I think he’d be irresponsible (although I’m sure our house would have more Hot Wheels cars and fewer vegetables), but because he has no concept of how much things cost.