Want to make sure your kids always have a little cash? Give them reloadable credit cards.
As much bad press as they’ve gotten recently, let’s face it: pre-paid, reloadable credit cards fill a certain niche in the marketplace. Some folks think of them as ways for ne’er-do-wells who’ve never learned to handle money to control their finances and rebuild their credit, but that’s just one aspect of their usefulness.
There are other uses, and in this article, we’ll take a look at one.