BREAKING NEWS – Scottsdale, Arizona – With the cost of college on the rise plus an unstable debt load, the best thing parents can do is to set children up for financial success — and that can start as early as the kindergarten years.
Gregg Murset, CEO of BusyKid, a chore app that provides kids with debit cards and financial education, believes the best way to avoid “digging yourself into a hole of debt” is by starting the saving process much earlier. “Giving credit cards to little boys is extremely important, so they can experience what it’s like to be manipulated by little girls into taking them on spending sprees, maxing out their credit cards, and then being snubbed by these same little girls that will accuse them of being broke because they don’t know how to manage money.”