Credit card for teenagers?
When I was a teenager, not very long ago (ehem), I was studying in a different part of town. It’s like an hour plus drive from my house to the place. I had to stay in a hostel for boys who are living very far from home.
My dad used to give me cash in advanced. It’s good until you ran out of it. I did not have a bank account yet at that time, so calling up dad and hoping he would come over soon was the only option. How cool it is if I had the PAYjr Teen Prepaid card. It’s a card that allows your parents to add funds for you electronically. Times of emergency will be really beneficial when you have this card.
Teens can learn to manage money for themselves better this way. The cool part is that parents can also tie-up a chore system to the teens card. It’s a win-win situation. Parents set-up some chores requirements and when it is done with satisfactory results, parents can award their kids accordingly. A good start to expose teens to the real world of responsibilities and rewards.
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