Anyone here mind sharing at what age you give your children debit/credit cards?
My aunt works long hours and is a single mother to a 9 year old and 14 year old kids. As a result, her children are often stranded for petty cash or in need of cash in emergencies but still she refuses to give them cards. What do you think?
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Well to start with the kids are quite young, but considering the fact of the situation of a single mother with probably no extra helping hand coupled with the long working hours, obviously giving the children cards will be a good idea for emergency sake. But before that is done, time should be taken to give the children proper financial education and orientation on card usage.