81–90 of 148 posts
Earlier quoted context omitted.
There’s a bit of a difference between not getting candy, and not having any friends. You’re doing your kid no favours if you think that’s a plus.
If those kids are actually their friends, they’ll make it work.
Earlier quoted context omitted.
You're moving the goalpost. The statement wasn't "there exists a store that still accepts cash", but "many stores no longer accept cash".
The larger point is not to send your kid to that store if they only accept a debt card. They only exist if you keep going to those stores.
Having a saving account teaches kids a lot. Having a debt card teaches them to spend.
> Having a saving account teaches kids a lot. Growing up I always had this belief that wealth was about building a big savings account, and that rich people where like Scrooge McDuck swimming in big pools of money. This is, imho, a fantastic piece of propaganda. It's incredible how often people will say things like "Jeff Bezos is only rich because he owns so much stock!" As soon as you get your first big RSU payout y…
I saved money all the time as a kid because I was taught that saving is good. One of the first accounts I got was a savings account. However, I soon learned that I needed to access that money so I got a checking account and started to divide my deposits between each. And on and on, you get the point.
To this day I keep a cash savings -- I need it. Yes its not earning as much as my other investments, but I don't need it to. I need liquidity and I value being able to pull large chunks of my hard earned money from the bank to do a miriad of things: spontaneous vacation, buy a car, medical emergencies, etc.
I think both devices offer something to youth. However, it seems like giving kids debit cards leans in the wrong directions as far as valuable life lessons. I don't want my kids learning to spend their money. Kids are already great a spending my money. They need to understand how money actually works (beyond spending).
If I had a kid they would not be allowed to use Apps or have a Google account. Sure I'd give them a laptop, I would even probably give them unsupervised access to the web after they seemed ready, but Apps are no good even for most adults.
"If I had a kid". There you go. Get back with us when you have to actually do the job you are criticizing.
Parenting is about picking and choosing your battles, trying to get the fundamentals right and conceding the minor losses. You do your best and adapt along the way; any master plan will inevitably get the details wrong.
Earlier quoted context omitted.
>> If I had a kid they would not be allowed to use Apps or have a Google account. In our school district (Arlington Public Schools in Virginia), children get assigned Google GSuite accounts by default starting in Kindergarten. They are used for a variety of things, including authentication to multiple school apps.
Yeah, and our last school district pushed GPOs to my son's personal Chromebook. Really pissed me off. I was trying to help him troubleshoot an issue and dev tools were disabled and greyed out in the chrome settings. When we switched back to his personal account they were back.
Earlier quoted context omitted.
Speaking as someone who lost an entire social circle because of conscientiously objecting to Facebook: yeah, good luck with that.
> conscientiously objecting to Facebook Does that mean not having a WhatsApp account as well?
Earlier quoted context omitted.
Sure, now lets try to apply that in practice with a kid angry at you for years.
> Sure, now lets try to apply that in practice with a kid angry at you for years. That's called "being a parent" in my circle? I have a toddler that loves to throw the "you're not my friend!" at me when I cut off the TV and tell her it is time for dinner. I never had a cell-phone until 17, despite all my friends having had theirs as early as the middle school years. Never mattered much in my case. I didn't have an X-…
If you're in the toddler stage you control almost every variable. The game changes once they hit > 8.
https://news.ycombinator.com/item?id=27753727
How does this compare to that? Note that this is after they've chosen that using medical information is fair game for debt recovery, so it's a matter of time before this information, too, is used for that. Sadly our societies have chosen that surveillance is the future, and a lot will be needed to fight it at this point.
Is the fight to focus on really that some banks might use this info to market loans? I mean, sure, it can damage people, but ... not nearly as much as government surveillance will.
Having a saving account teaches kids a lot. Having a debt card teaches them to spend.
Earlier quoted context omitted.
There’s a bit of a difference between not getting candy, and not having any friends. You’re doing your kid no favours if you think that’s a plus.
If those kids are actually their friends, they’ll make it work.
It's a basic fact of life that the more friction there is to doing something, the less that thing will get done. Sure, some people will manage to make it work, but others won't be so lucky.