As parents, we want to teach our children about financial responsibility and help them develop good money habits from a young age. One way to do this is by giving them their own debit card, so they can learn how to manage their money in a safe and controlled way. In this article, we’ll explore some of the best debit cards for kids and teens in February 2023, including GoHenry, BusyKid and more.
Hook: Want to teach your kids financial responsibility? A debit card could be the answer! Discover the best options for kids and teens in February 2023, including GoHenry, BusyKid and more.
When it comes to finding the best debit card for your child, there are a few things to consider. You’ll want to choose a card that is safe and secure, easy to use, and has features that will help your child learn about budgeting and saving. In this article, we’ll take a closer look at two of the most popular options for kids and teens: GoHenry and BusyKid, as well as a few other noteworthy choices.
GoHenry is a popular choice for parents looking for a safe and secure way to give their child a debit card. The card is designed specifically for children aged 6-18 and comes with a range of features to help them learn about managing money. Parents can set spending limits and control where the card can be used, and children can earn pocket money by completing tasks set by their parents.
One of the key benefits of GoHenry is the app that comes with the card. The app allows parents to monitor their child’s spending, set savings goals and encourage good financial habits. Children can also use the app to track their spending, see how much money they have saved and set up regular savings deposits.
BusyKid is another great option for parents looking to teach their children about financial responsibility. The card is designed for children aged 5-16 and comes with a range of features to help them learn about money management. Parents can assign chores and pay their children for completing them, which helps teach them the value of hard work and earning money.
Like GoHenry, BusyKid also comes with an app that allows parents to monitor their child’s spending and set savings goals. Children can use the app to track their chores and see how much money they have earned, which can be transferred to their debit card once they have completed enough tasks.
While GoHenry and BusyKid are two of the most popular options for kids and teens, there are other debit cards worth considering. For example, Greenlight offers a debit card for kids aged 6-18 that allows parents to control spending and set savings goals. The card also comes with an app that allows children to track their spending and savings.
Another option is the Current debit card, which is designed for teenagers aged 13-18. The card comes with a range of features, including the ability to set spending limits, save money automatically and earn cashback rewards.
Giving your child a debit card is a great way to teach them about financial responsibility and help them develop good money habits. When choosing a card, be sure to consider factors such as safety and security, ease of use, and features that will help your child learn about budgeting and saving. GoHenry and BusyKid are two popular options, but there are other cards worth considering, such as Greenlight and Current. By choosing the right debit card for your child, you can help them learn valuable skills that will serve them well throughout their lives.