Teaching Money Management to Teenagers

8:07 PM

Learning how to properly handle their finances is something that teenagers can learn from their parents. It is said that different methods work for different people. A method that is effective to one may not necessarily be effective to another. The use of prepaid debit cards for teenagers is becoming popular because parents see it as an alternative to letting their teenagers carry cash with them especially when they shop. With a prepaid debit card, they are able to control the amount of money that they give to their children. They also get to monitor how their teenagers spend the money that they have.

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