Today news
About the same in other media
Should you let your child own or operate a debit or credit card?
Reading now: 430
Kids today are more tech-smart than previous generations. But when it comes to finances or money, they may have a lot to learn from elders – especially about the significance of savings. In view of this, it becomes debatable as to whether one should let his/her child own or operate a debit or a credit card on their own.
Legally, some banks in India provide debit cards and bank accounts for kids as a way to instil some confidence in them for handling money and savings. Bank credit cards are not allowed to individuals below 18 years. These days some new fintech companies like are offering prepaid cards for children and these can be used for online as well as offline spending.
Several industry experts say that it would be wise to make the
Read more on financialexpress.comAbout this in other media
Cryptocurrency Legislation news: All You Need To Know About Cryptocurrency Legislation ndtv.com /3 years ago
Here’s why cryptocurrency investors in India should not act in haste on crypto ban rumours financialexpress.com /3 years ago
Wint Wealth’s Senior Secured Bonds allow investing even Rs 10,000 in fixed income assets. Should you invest? financialexpress.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
