Back when I was a kid, the standard allowance was a few bucks a week for doing some household chores. Needless to say, it wasn’t until I had a job and actually had to start paying bills that I learned about saving, budgeting, and tracking my expenses.
Nowadays, kids get more money and more responsibility, which is all the more reason to start passing on your financial knowledge to them at an earlier age. One of the best ways to capitalize on this ritual of growing up is to check out the reloadable PASS Card from American Express. Thanks to our friends at SheSpeaks you can get $25 if you enter the code SS25 when you sign up for the PASS Card.
Simply load up the PASS Card with your son or daughter’s weekly allowance and they have a risk-free way to take control of their spending. Plus, you teach them a valuable lesson about money management. Kids can add funds, withdraw cash from an ATM, or shop online. Rest assured, through the online system you can track how much your child is spending and where. Most importantly, they cannot overdraw, and if they lose the PASS Card, the money is protected. How much better is that than giving cash?
To find out more about this offer and get a Card, go to www.americanexpress.com/shespeakspass. This offer expires April 15, 2011
Must be 13 years old or older to own the PASS Card.
To get your PASS Card using the SS25 offer, click here, enter your shipping information and load at least $25 to Card. Then enter Promotion Code SS25 to get an additional $25.