3/14/23 – Credit or Debit Card For Kids: Which Is Best?

March 14 2023
By: info@njcfe.org
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Credit or Debit Card For Kids: Which Is Best?

March 8, 2023 | nasdaq.com

As our world becomes increasingly cashless, it makes sense to teach our kids how to responsibly use debit, credit — or both. Financial literacy can help children manage these cards in a way that maximizes their benefits and minimizes their risks.

But which is best? Both credit and debit cards have their upsides and potential pitfalls that will factor into a parent’s decision. Ultimately, the best choice is the one that helps the child develop financial independence.

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3/14/23 – Credit or Debit Card For Kids: Which Is Best?

Credit or Debit Card For Kids: Which Is Best?

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