Queer Eye's Karamo Brown's money advice to his sons: 'Credit cards are not free money.' (via CNBCMakeIt)
As one of the stars of "Queer Eye," Karamo Brown is accustomed to giving advice.during his commencement address, "because you believe in the person you are today."
But Brown, who lives in L.A. with his two sons and his fiance, Ian, doles out wisdom at home, too — especially when it comes to personal finance.. "Sometimes, when you're younger you think, 'Oh, this is free money for me to do what I want to do with it. I know I need to pay it back, but I have time.'"Tasia Wells/Getty Images
In college Brown racked up credit card debt that made it difficult for him to repay his student loans — something he wants to be sure his sons to avoid. Brown also stresses the importance of building a healthy credit score. Since his sons were children, he says, "I've been telling them that their credit reports are their report cards for the world."
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