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Should you let your child own or operate a debit or credit card?
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Kids today are more tech-smart than previous generations. But when it comes to finances or money, they may have a lot to learn from elders – especially about the significance of savings. In view of this, it becomes debatable as to whether one should let his/her child own or operate a debit or a credit card on their own.
Legally, some banks in India provide debit cards and bank accounts for kids as a way to instil some confidence in them for handling money and savings. Bank credit cards are not
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