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Importance of debit cards for teenagers

Sachin K. ParappagoudarSana SaimaKilarapu Jahnavi SiriJayasri AllugubilliRoopsika KancherlaV. Chandra

Abstract

Is a debit card, right up there with cell phones, the new essential item for teenagers?A teen debit card can teach teenagers important lessons in fiscal responsibility in addition to providing ease for making routine transactions and simple access to cash at ATMs.Through a few sources online, the majority of teenagers said they wanted to take the required steps to become financially independent when they reached adulthood. The ability to manage an allowance, establish savings benchmarks, assess

Financial Literacy, Pension, Retirement AnalysisDebit cardAllowance (engineering)Credit cardCashBusinessATM cardReport cardInternet privacyAdvertisingFinance
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Importance of debit cards for teenagers · Scinovex