2 ms·
[X] doubt Inasmuch as they can understand a payment card equally well. They don't understand acquisition of [cash] money, but equally don't understand why the
by pbhjpbhj 4y ago
[X] doubt
Inasmuch as they can understand a payment card equally well. They don't understand acquisition of [cash] money, but equally don't understand why the magic plastic rounded-rectangle works. They can use a payment card more easily than cash in my limited experience (as a parent and uncle).
- bombcar 4y agoMy kids at least understand that "a dollar" can be exchanged for "good or services" and that if they want more they have to find another dollar. They haven't quite grasped that a coin isn't as good as a dollar, or that a 1 and a 10 are different. A payment card would seem to either be magic (it always works!) or confusingly not consumed in its use but still not work again later (gift card).
- Robotbeat 4y agoYeah, my kids understand physical money and use it to buy ice cream from the ice cream man (the primary use of physical money for allowance).
- scarface74 4y agoMy nine year old had a debit card attached a joint bank account. He could log in and see how much money he had. I gave him his allowance via a bank transfer.