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Personal Finance (Not Investing) • Prepaid credit cards or debit cards for young teens

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So I have been thinking about having pre paid credit cards or debit cards for the kids. They are in early teens.
Many of their friends have credit cards and Apple Pay

I am thinking of giving their allowance via cards. These days they get cash. This way it’s easier and we can try to track spending.

For I was thinking of having prepaid credit cards. To reduce the risk of unlimited spending.

If someone has suggestions or recommendations please let me know

Statistics: Posted by NabSh — Sat Dec 07, 2024 7:41 am — Replies 4 — Views 145



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