How many kids do you know with a job?
Now that a lot of society is cashless, children need a way to spend their pocket money even.
Now that a lot of society is cashless, children need a way to spend their pocket money even.
Surely parents can just use their own debit card when the kid needs something that can’t be bought with cash? Special debit cards for kids seem to add unnecessary complexity (and opportunity for abuse) to the solution for a really simple problem.
What if the child's gone to the store on their own?
The statement wasn't "there exists a store that still accepts cash", but "many stores no longer accept cash".
They only exist if you keep going to those stores.
You cant imagine 9 years old to go to buy ice cream or toy?
Well now you can see the point of the product then... it's about giving your children some freedom and responsibility for themselves.
Sounds good, but at the same time they'll miss out on quite a bit of learning that almost everything (that a child might want) can be had if only they beg/negotiate/throw a fit hard enough. Life gives me the impression that in a ruthless-takes-all world the negotiation skills taught by the latter have far more impact than the being reasonable about money skills taught by the former.
(sorry for the sarcasm)
And kids can go to store without babysitter.
2. I’m not sure of your point here. I meant if the parent wasn’t around to provide the cash the kid might have to wait until they are around. Not that they need someone to take them to the store (although this is highly dependent on where you live and the age of the kid).
It is completely different then having own money - which in fact allow all of us to pay when we want what we want as long as we have money.
Nobody is saying kids will die if they dont have own card. They wont die if they dont have books or toy cars either. But it makes perfect sense for familly to want those things, no matter how much people yell on clouds about kids not living as if it was 1836.
2. The point was to respond to babysitter assumption to make clear what I mean .
Maybe your kid went to hang out with some friends after school, asks for money to go to the cinema or just to get some food?
Why would you go out of your way to make your life difficult by avoiding debit cards?
I never lived within walking distance of a store as a kid.
> Money is hard to undestand when you don't work like a dog to earn very little of it, so this is even harder for kids.
It is not? If you role model financial decisions in front of them where they see, they pick yout habits.