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Tom Henske is making moves and headlines in the realm of financial literacy, for kids and adults. Learn the latest here.

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The Balance | When Should You Give Your Child a Debit Card?

finances for kids in the news the balance Apr 19, 2022

Debit cards also allow children to spend money on school trips domestically or internationally or while visiting relatives.

"At younger ages, it’s important to use actual cash to help children become comfortable with money," said Tom Henske, CFP, insurance expert, and financial advisor, in an interview with The Balance. "As they get older, moving to a more digital world better prepares them for the real world, a Venmo world."

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