It’s bad enough celebrities are everywhere you look these days, now they’ve made their way into the world of high finance? Management at certain financial institutions have seen fit to sign deals with celebrities and entertainment companies to use their likenesses on pre-paid debit cards.
And that’s the real problem here folks, banks are targeting kids, and parents are letting them.
These cards are supposed to be an alternative for parents who don’t want to simply hand their kids cash. According to the financial institutions, the beauty of the card is this - mom and dad can trace the card’s use and teach their kids financial responsibility.
But remember, banks are run by the same financial wizards who nearly sank the economy not too long ago.
Now they’re parental experts?
It should be noted that the Kardashian card went down faster than an actual Kardashian sister – but the die has been cast.
Complaints of high service fees sank the Kardashian card, but the Twilight version remains and will no doubt be joined by others.
Why don’t we let kids be kids a little while longer. At this rate, they’ll be like their older teenage counterparts – spending money they don’t have at Coach or Lululemon for purses and tight pants that make them look like two dollar hookers.
If you want to teach your kid the value of a dollar, then post a list of chores and hand them an allowance only after they’ve polished off the list. Then take them shopping. You’ll bond with the rugrats and you can see just what they’re buying.
- Kardashians Drop Debit Card Endorsement After Illegal Fees Claim (jsyk.com)
- Kardashian debit card cancelled after criticism (omg.yahoo.com)