The purpose of the PAYjr Visa card is to teach teens the value of hard work and the link between work and money.
Pros: A great idea to start a young lady on her way to understanding finances. This high-tech site provides a financial education early, as she learns to connect hard work with rewards. This is a fun and interesting way to teach your young lady financial independence as she tracks her chores and finances online. At the same time she will learn to spend he money responsibly.
Valuable lessons are taught in regards to saving, spending and budgeting, and she can keep track of how much money you owe her for the chores she does around home. There is a printable chore calendar which shows her assigned chores and how much she will be paid for them, with check boxes so she can mark the chore done. Many parents have stated that this program helps keep the household chores done by providing the added motivation and fun kids need to make doing their chores a habit.
Cons: It is imperative that the parents keep the amount of money they owe to the child paid, or the child may learn that hard work doesn’t pay. If this system is set up, the child needs to know that they will be paid for their work.
Guarantee: There is no guarantee offered and none would apply. This is a prepaid VISA BUXX credit card designed specifically for teens and can be discontinued at any time.
Consumer: Teens or those who buy gifts for them; parents, grandparents, aunts, uncles, God parents, etc.
Price: Free set up, you decide how much you want to start the card with.
Value: This is a great way to teach children about finances, making it a great value and teaching tool.
Where to Buy: http://www.payjr.com/
Tagged with: christmas • credit card • gift ideas • PAYjr • prepaid visa • teach children • teen christmas • teen gift • visa • visa buxx
