Teen Card

When I was a kid I got an allowance for taking out the trash and raking the leaves in the back yard. Fast forward to the modern day and we see kids that have Roth IRA's and some who have more money in their bank accounts than mom or dad. A great way to teach kids about money is a new prepaid teen card called Payjr that gives mom and dad complete control over the allowance system and their kids spending. You can fund this card and suspend the card at will. It is also a fantastic way to track your teens spending. Another fantastic feature is the ability to fund this card in an emergency situation when your teen needs more money than you would normally fund the card. No doubt this is a fantastic way for both parent and teen to manage money.

This post was sponsored by the fine folks at Payjr.