Teens can use reloadable credit cards and prepaid credit cards to manage their money, too. In fact, for teens, virtual money management is probably going to be the way they manage all of their money in adulthood. Carrying cash, certainly checks, is going to change in the future.
What if your teen having a reloadable prepaid credit card made your life EASIER?
Teens are much more internet savvy than teens were even 5 years ago. Their social networks are truly networks – online environments and forums where they interact with their friends.
Even in their early teens, they transact business on the web. Some are involved in online games, or collect items found on eBay, or spend their money on movies and music online. They can’t do this with cash. My guess is I am not the only parent who is often asked to get on the computer and enter her own credit card information in order to cover one of my kids’ online expenses.
