Young people and finance: pocket money or card?
Parents want to teach their children how to handle money sensibly. But pocket money in the form of cash has long since been consigned to history.
16.01.2024 –
Nowadays, young people make cashless payments and shop online. As a result, there is a huge range of debit and credit cards as well as mobile payment systems. Prepaid cards are a popular option and are widely accepted. These allow young people and their parents to keep an eye on spending and prevent overdrafts. Clear spending limits also help to avoid overburdening the account. Ask your bank or card issuer about possible products.
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