PF Weekly Reading List #15- Bieber Wants To Help Your Kids “Get Money”

Justin Bieber and financial literacy who would have thought that he would want to teach teens how to “get money”. I almost thought I was seeing things for a moment when reading the news this morning but turns out my coffee was indeed strong enough. I’m not a Belieber but I am a believer in spreading the word about financial literacy. Bieber has stepped up and is backing a real-time monitoring debit card for kids through a Spend Smart Payment company in an effort to spread financial literacy awareness to the teens of today. We’ve talked here at CBB about how the school system should teach kids to “get money” (in other words to understand) so they can live a life not riddled in consumer debt, and now this new type of debit card is in the spotlight. If parents struggle to talk to their kids about money this is the perfect way to bring the topic to the table but in a “cool-kid” type of way. I’ve said it more than once on this blog that “convenience costs” and that’s pretty much what this service will be, a money lesson with a convenience price tag. The card which apparently has […]

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