Kids debit card helps parents looking to teach kids money managementby PRC Agency PR
According to researchers, about 59 percent of parents are uncomfortable talking to their children about money. This is surprising given that finances and money managing are so vital to having a good life. Parents looking to teach kids financial responsibility and money management can start with a child'd debit card.
Parents that want to teach kids the value of money and learn about being making smart money choices should consider this kids debit card, perfect for kids under 13. Perhaps these are the 4 out of 5 parents that grew up not learning much of financial planning or money management themselves. more specifically, because According to a study from Perdue University many money habits are already formed by age 7! Many young teens (74%) don't feel comfortable about their financial education. Here's a way to ensure that children confidently enter adulthood with a solid grasp of finances and how money, credit and delayed gratification works. .
While most other review sites simply list the positive selling points, such as teaching kids financial responsibility at a young age, which is great because one in three teens doesn’t know a credit card from a debit card. These money lessons kids learn now help them build a foundation of financial literacy. This will help them all throughout their life.
Are there any downsides to this debit card? Perhaps. A small fee ($4.99 per month) for use after free trial is over. This really isn't that much but adults may be used to a debit card tied to their bank with no monthly fees. But overall a fee of under five bucks to teach children about being responsible with their money management is not bad. .
It's hard to believe, one in three teens doesn’t know a credit card from a debit card. More often kids are growing up with no money managing skills. Schools do very little to teach financial literacy to children. Nothing substitutes practical applications of managing money. It is where a debit card for kids can help them learn about finances. Learning about it growing up makes a huge difference in building a constructive financial perspective that stays with the kids for life.
Roamilicious got its start in 2009, founded by Malika Bowling. The idea for the site came about with a love of writing about travel, food all while being financially secure, Malika Bowling founded Roamilicious as a source for living one's best life (all with in financial means).
Ever since, Roamilicious has made a point to provide the most value and best information to parents that want to teach kids the value of money and learn about being making smart money choices.So far this encompasses about 800+ pages of content and numerous helpful reviews.
Roamilicious's complete and write up and review of Kids debit card can be found at https://roamilicious.com/debit-cards-for-kids-teach-money-management/
Created on Mar 5th 2022 02:41. Viewed 214 times.