Would you give your Teenager a Pre-paid debit card...?

@juls2me2 (2150)
United States
October 25, 2006 7:29pm CST
to teach responsible spending habits? If so, how old do you feel a teen would be ready for this?
1 person likes this
3 responses
Fedaykin
@Fedaykin (137)
• Italy
26 Oct 06
Yes, i would. It is right, in my opinion, to make young people learn how to use modern economic systems.
Fedaykin
@Fedaykin (137)
• Italy
26 Oct 06
uups, i forgot: to me 14-15 YO should be ok.
juls2me2
@juls2me2 (2150)
• United States
26 Oct 06
So far, I haven't come across a debit card that places a limit on them. That's the only thing holding me back from having my son get one. Don't want him to spend all his earnings...just to learn a lesson.
Fedaykin
@Fedaykin (137)
• Italy
26 Oct 06
Well, you know, young persons don't make much cash on their own, so they are the parents that should control the situation...
vbembot
@vbembot (747)
• Philippines
26 Oct 06
i agree with your statement that this how to teach your kids to be responsible. make them realize the value of money. 12 years old i think or even younger.
juls2me2
@juls2me2 (2150)
• United States
26 Oct 06
Thanks for the response. I guess the age could also be determined by the maturity of the child too. Every teen is different.
sedel1027
@sedel1027 (17846)
• Cupertino, California
26 Oct 06
I think it is a great idea. You give them enough responsiblity that they learn how to manage money but don't get themselves into debt.