“The goal is to build generational wealth,” reads a caption emblazoned across one of the countless TikTok videos dishing out advice on how parents can boost their children’s financial prospects.
“If you have a kid and a credit card do this: add your kid as an authorized user [and] pay the bill on time,” the TikToker who shared that clip urges his 84,000 followers. “By the time they turn 18—boom: 800 credit score for them to succeed.”
