Saturday, July 24, 2010
Are Prepaid Debit Cards for Teenagers a Smart Financial Decision?
If your teenager comes up to you and asks you for a credit card, it might be wiser to get them a prepaid debit card instead. Why? Because prepaid debit cards will actually help your teens practice self-control while having some form of financial freedom. Nowadays, every single bank practically offers prepaid debit cards so the task of choosing the right card is made easier for you. When you do shop around for a prepaid debit card, make it a point to bring your teen with you. That way, they get to have a feel of how it’s like to make good financial choices that will hopefully stick with them until the time they become parents themselves.