[BruceMiller]

I got my son a prepaid MC when he was 13, it's how I load fund into for his allowance for doing work around the house. He has to invoice me for his work done around the house before I pay him. He's now had the card for about two years, so this isn't completly new. I do think it teaches them that plastic is still real money, and that he has to be able to know how much money he has available to spend. I personally think that too often an 18 yr olds gets a real card and they don't understand that fully... then he/she ends up charging it to it's max and starts a debt cycle that is unhealthy.