Spotted this Ad on the London Underground yesterday. A credit card for kids!
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Upcoming Live Fastlane Calls (FREE!)
Inventors Virtual Meetup (FREE - All welcome!): Sunday, April, 21st 2024: 11 AM ESTJoin over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.Well that's pretty f*cked up. Kids get the short term benefits of credit cards while its consequences remain the problem of their parents. What could go wrong?Spotted this Ad on the London Underground yesterday. A credit card for kids!
Wow...Spotted this Ad on the London Underground yesterday. A credit card for kids!
I would argue credit score is more important for Unscripted than Scripted really. A lot of online business is done via paid traffic, if you can achieve positive ROI then the more ad spend the more profit... leveraging credit for this is a perfect example of smart credit use, and the higher your score the more available!I'll be the first to admit, I live a pretty Scripted life. Have had 2 different car loans, currently have a mortgage. Wife has a CC and I have a CC. Thankfully no credit card debt, but still have the 1 car loan and mortgage, plus her medical school student loans. If you live a scripted life, credit scores are important. Hell, even of you're unscripted you need one just to get a damn cell phone plan now adays.
While I'm busting my a$$ to get off the script, I'm under no illusion that 99% of the world will never break free of it.
I would argue credit score is more important for Unscripted than Scripted really. A lot of online business is done via paid traffic, if you can achieve positive ROI then the more ad spend the more profit... leveraging credit for this is a perfect example of smart credit use, and the higher your score the more available!
it's a prepaid debit card
Credit cards used wisely can be very rewarding. I get free money just for buying things I would normally buy anyway. Pay it off every month, no fees or interest.
For me, debit is better than credit cards. At least it's backed up by stored money that you actually put in, which you can decide early on, unlike credit cards, which you just go crazy on debt with diffusion of responsibility.It's a debit card. I hate debit cards cause the processor still gets some of the merchant's money, but at least it's not a loan.
I will definitely accept this card at my Casino for Kids™
Man this is immoral and illegal as it can be. I didn't see that one coming when he showed that the 2 guys actually owned the gambling website. I'm impressed.You joke but these already exist: mobile games and pc/console video games with microtransactions built in them (with what look like slot machines), and people gambling on the fake items they earn:
Join Fastlane Insiders.