Parents are giving kids as young as 5 their own debit cards in effort to teach them financial literacy and money management. Getty Images/iStockphoto They’re only tweens, but they’re already getting ...

Choosing to give a child a credit or debit card depends on age, maturity and the goals for the child. Many or all of the products on this page are from partners who compensate us when you click to or ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

It is so important to teach our kids how to manage money as early as possible, so they can be successful with it throughout ...

Ellen Chang is a freelance journalist based in Houston. She has covered personal finance, energy and cybersecurity topics for TheStreet, Forbes Advisor and U.S. News & World Report as well as CBS News ...

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The ...

I’ve seen lots of ads lately for debit cards for kids. One that caught my eye the other day is issued by Mastercard. It’s called “Greenlight”. Greenlight’s website boasts, “With the Greenlight debit ...

Debit and credit cards are two of the most commonly used payment methods today. Over 175 million Americans have a credit card, according to the Consumer Financial Protection Bureau’s 2021 Consumer ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NerdWallet) – Debit and credit cards are ...