Debit Cards for Kids | BERRY BLOG | ON LIFE AND MONEY MAKING

Wednesday, September 19, 2012

Debit Cards for Kids

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Nowadays, where ever we go, we usually use a debit card or a credit card to purchase items. The pros in using a plastic card instead of cold money is that, you don't need to bring lots of money. A few would be good. Bringing lots of money, opening your wallet in the public, making potential "bad people" to see and be magnetized from your "oh so many money" wallet, makes you vulnerable from hold-ups and even carnap, making your life in danger.

As a parent, we do wish our kids can bring a card instead of a cash.  But the problem is, the kid might overspend just like any adults holding a plastic card for purchase payment.  But again, as a parent, we like to monitor what our kids are buying.


Now, there are available debit cards for kids wherein you load the card with money from any account or digital location.  And with an Android or an iPhone application, you can check the balance and all the purchases made by your kids as a summary.  You would also know if your kid is making a purchase.  A text message alert would show up on your mobile phone, informing you how much your teen have spent in a certain store.

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