Randomly came across this article. It suggests that it might be a good idea to give your kids an allowance using a debit card. The thought process being that as we get more and more digital with money and less cash based it's important for kids to learn to use digital based money rationally. And also that you can do things like teach them to segregate the money into different accounts, give them interest for money put into the "save" account, etc, to help them learn good habits. At first glance this seems logical but I don't have kids so I'm not sure. In some ways I feel like it's just the 40 years later version of kids my age back then being given checking accounts to teach them money responsibility. I'm curious what other people's thoughts are.
http://money.com/money/5647706/prepa...card-for-kids/