Dexter has asked for money from me approximately 42,671 times this past weekend. Did he get any? Nope, he hadn’t kept his room tidy all week, but you have to admire his persistence.
Being 11 years-old means that it won’t be long before he wants to start going out with his friends without me (35 is a good age right?) and he really needs to start being more responsible about money. He does some chores around the house and earns a few pennies here and there, but it’s time to get serious.
When I told him that I was working with Osper, the mobile banking solution for young people, his eyes lit up immediately … swiftly followed by “Can I have some money for FIFA points?” Unfortunately (for him), the answer was no. Again. But I think this debit card could be my bargaining tool. The card has his name on it and is currently sitting in my purse, nestled next to my own debit card, and I know he really wants to use it. I think it makes him feel more grown up and the plan is that once he tidies is blimmin’ bedroom, he can have £10 to spend on whatever he wants.
So fast forward a couple of days and he’s finally tidied his bedroom. Hallelujah! I’m not sure who was going to crack first to be honest. The next … discussion, shall we say, was what would he spend the money on? My choice would be a book or something educational, but we both know that’s not going to happen and that no doubt he will wear me down and end up spending the money in Game. And that’s fine really, I just need to let him know that he has to earn money and spend it responsibly. If I gave him money every week for doing nothing around the house, that would just send the completely wrong message. But he’s been a good boy this week and so tonight when he comes home from school, he can spend the £10 I promised on what he liked. We’ll do it online because I CBA to go out, and I’ll guide him through the process but he’s seen me shop online so much that I have no doubt he’ll know exactly what to do!
The whole process of getting the card and being up and running took less than 5 minutes, I kid you not. I’m not the most technical person on the world but it was the simplest thing to do.
- Order the (free) card online.
- Card arrives less than a week later.
- Download the (free) app to your phone and your child’s phone.
- Follow the steps – including entering your own bank details so that you can add money to your child’s debit card whenever you want, how you want
- Input the card details.
- Set up how often you want your child to receive an allowance (you can skip this part), and how much.
And that’s pretty much it, it’s that simple. I’ve had my fair share of money troubles in the past and have vowed to be a whole lot more sensible in the future, which is what I want for my children too and I honestly think this is a good place to start. Try it for yourself and see what you think.
For now, I will be looking after Dexter’s debit card and I’ll oversee any purchases he wants to make, but it won’t be long (hopefully) before he’s trustworthy enough to