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A 13-year-old spent $64,000 of her parents' money on mobile games without them realizing
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this post was submitted on 09 Jun 2023
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These stories are always wild to me. Who keeps giving unrestricted access for their credit card to children?
Yeah that's the first thing I always think when I see stuff like this. Also do other people not obsessively check their bank account balances? Haha
@NotSteve_ This is what I was thinking. Even not obsessively checking though. She didn’t check it once in four months?
Financial literacy is a huge issue in consumer spending across the globe. Even in world-leading economies, the layperson often doesn't understand basics like sustainably leveraging credit/debt.