# The Money in Your Wallet

**URL:** <https://boards.straightdope.com/t/the-money-in-your-wallet/987823>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [July 30, 2023, 2:26pm UTC](https://boards.straightdope.com/t/the-money-in-your-wallet/987823 "2023-07-30T14:26:18Z")\
**Posts on this page:** 1\
**Page:** 4

<div class="post-metadata">

**Author:** ![InternetLegend](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/internetlegend/32/13154_2.png) [@InternetLegend](https://boards.straightdope.com/u/InternetLegend)\
**Post date:** [August 20, 2023, 3:11pm UTC](https://boards.straightdope.com/t/the-money-in-your-wallet/987823/61 "2023-08-20T15:11:51Z")

</div>

> [@LSLGuy](#):
>
> IIRC you’re not USA-based
> 
> At least around here banks offer credit and debit cards for kids where the parents can set per-transaction, per-day and per-month limits.
> 
> I’m both old & childless so I’m not sure why my bank keeps emailing me ads for this product but they do.
> 
> If the kid is old enough to operate one, but not old enough to trust w unlimited spending, you might investigate that idea in your environment.

This is a great idea! It’s not often I’m enthusiastic about a new product from a bank, but if my kids were still actually children, I’d be all over this.

When my younger daughter was a senior in high school, I put her on one of my credit cards as an authorized user because she was going on an interstate trip with friends for the first time and I wanted to be sure she’d be covered in an emergency. Luckily, she was the kind of teenager you could trust with money. She still has that card - when she was in college, she’d use it (with prior notice) to buy things online before she qualified for a card of her own, and she always transferred the money to me afterwards. Now she uses it to do my shopping when I’m lazy.

[Previous page](https://boards.straightdope.com/t/the-money-in-your-wallet/987823.md?page=3)