json_metadata | "{"appParentPermlink":"fktyv383q","musingAppId":"aU2p3C3a8N","appTags":["question"],"appDepth":2,"appBody":"<p><strong>A big NO. I have hundreds of reason to not to give credit cards to kids. <\/strong><em>You might find this contradicting but I have seen many cases on internet these days where their child just used their money via credit\/debit cards in game purchases.<\/em><\/p>\n<p><em><strong>So why they must not be allowed to have credit cards?<\/strong><\/em><\/p>\n<ul>\n <li><em><strong>WILL - <\/strong><\/em>Once they get hooked on something they get desperate on it whether it is a game addiction or shopping. They just can't control their Will while buying or making decisions.<\/li>\n <li><strong>Knowledge - <\/strong>Using money without someone's consent will grow tension and having no knowledge of real world working will going to make things worst. Teach them to how to consider money and what is the value of money in real world or real context.<\/li>\n <li><strong>Scams - <\/strong>There is a of scams on internet now-a-days and kids are the soft target of it. They try to help or surprise their family with their business achievements but at reality they are getting scammed only.<\/li>\n <li><strong>Trust - <\/strong>Kids easily trust strangers and especially on internet where they get brainwashed by cheaters with their ponzi dreams. They easily trust and this is one of the biggest problem.<\/li>\n<\/ul>\n<p><strong>It is not about financial freedom or something, even freedom will be of no use when you don't understand the value and aspects related to it. Credit\/debit card isn't a way of exposing them to freedom. We must understand our duty and grow them with knowledge and responsibility.<\/strong><\/p>","appCategory":"question","app":"musing\/1.1","appParentAuthor":"stallonmoney","musingPostType":"answer","appTitle":"Do you agree that kids should be allowed to own credit cards?","musingAppVersion":"1.1"}" |
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