Kim Kardashian and Credit Cards for Kids?????

Kim Kardashian

 

 

KIM Kardashian is kindly teaching kids how to play with plastic. She'll be at a party tomorrow to promote the launch of a new, prepaid credit card for children as young as 13.

Amazingly, the 'Kardashian Prepaid MasterCards' are being marketed as helping parents keep their kids safe by allowing them to monitor their teens' spending through their cellphones. "Teens do not spend their money as their parents think they do," a rep for Mobile Resource, which is launching the card, said. "I give my son a small amount of cash and track his spending on his card." - NY Post / AFP
The Herald Sun today runs this report!


If they are prepaid this might be a good idea?  What do you think?


Cheers Jill

30 Days of Fashion - Save to Spend brought to you by Commonwealth Bank

I really believe we have great fashion in Australia and we all love to spend on fashion, however in today's economic climate we must be sensible about how much we invest in fashion.  It makes sense to buy well and manage our spending.  I thought it was interesting to see a bank get involved in Fashion!

I have seen first hand how people can overspend on fashion and run up credit card debts that would frighten you.  Please always be sensible about buying fashion and makeup on credit as it goes in and out before it is paid for.

I spent many years working in the credit industry and have a lot of expertise in debt recovery and credit cards, so if you need any advice on how to manage your debt or credit cards I would be happy to give you my opinions. 

All that said, fashion is fun and common sense must be applied to any fashion spending so it stays fun.

Enjoy

Jill