Living Right: Debit Cards for Kids
As more people choose plastic over cash, it’s changing the way kids spend and save money.
Debit cards are popular among teens, but do you know how to help your child when it comes to handling a card?
Katie Boomgaard has some tips in today’s Living Right.
Prepaid debit cards are another option for teens, but some experts don’t recommend them because you generally can’t link the cards to your savings account and earn interest.
Also, prepaid cards often have hidden fees or get lost.