PayPal Student Account Card Giveaway

Luckily student debit cards are a little more than our little ones need right now but someday we’ll need a way to keep an eye on their student checking accounts while letting them learn about managing money.

PayPal Student Account

One of our options down the road will be the PayPal student account.  To use it, you setup and fund a regular PayPal account and then link a student account, where you can set spending limits.  Then you order your kid a student debit card and you’re able to see how they spend their money.  They can’t spend more than the maximum amount you set and you can setup automatic transfers into the student account over time.

Student Account Giveaway

PayPal is giving away $50 to a parent that wants to give the student account a try for their kid. To enter into the giveaway leave a comment below about one of the worst money moves you made as a kid.  One person will be selected at random and put into touch with PayPal.  They’ll give the winner access to a student PayPal account with a $25 balance and once you’ve submitted the order for the student debit card another $25 will be deposited into the account.

You can link more than one student card to your PayPal account but the giveaway just applies for one student account.  The giveaway runs through 6/15, if you win I’ll need your email address to forward onto PayPal.

Again, if you want to enter, leave a comment below about the worst money move you made when you were a kid.

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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