This is a guest post from Janet who writes for CreditCardsCanada.ca
Should you get your teen prepaid debit card to spend money and curb their use of credit cards? It may not be a bad idea to help keep them out of debt.
Increasingly, it seems as thought the prepaid debit card is the way to go for teens. After all, it is a very convenient way to pay an allowance. Just add the agreed-upon amount to the prepaid debit card. You can usually do it electronically, transferring the money easily from your account.