Kids now days think money grow off of trees,well some do! In today’s world, kids are able to have linked debit cards, cellphones and just about anything that a parent can monitor. A recent study by the NyTimes shows that Prepaid Debit Cards is changing the way allowance is being monitored.
When you think of allowance growing up it was simple, “Do your chores and you’ll get maybe $10 bi-weekly”. Now allowance has become more than just money. Hundreds of kids spend their allowance dollars on attractions like the game Fortenite or other cool apps in the app store.
- What age do you give your child a Prepaid Debit Card? Let us know in our comment section below!