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Now think about how many of them actually get used a few months later.
A debit card could be different.
Its a gift thats not just about letting your child spend money.
Its about teaching them how to manage it.
Heres more about why giving your child a debit card might bethe most valuable gift this holiday season.
A traditional debit card is issued by the financial institution where you bank.
It is linked to your checking account at the bank, which it draws on for funds.
Aprepaid debit cardrequires you to load it with money for purchases.
It can be tied to a kid-friendly app to manage money, make transfers and set savings goals.
Other prepaid debit card options include Greenlight and Acorns Early.
According toExperian, debit cards are a good way for children to learn vital financial information.
This is a gift that will keep on giving for years to come.
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