November 28, 2012

Gift Cards: What's New, What's Hot, What To Avoid

Listen (or read) about the latest in gift cards from National Public Radio (4 min. audio)
http://www.npr.org/2012/11/28/166054182/gift-cards-whats-new-whats-hot-what-to-avoid 
One important factor that's missing is that gift cards teach children that it's all about spending and shopping. It's not possible to save part of what you receive in a gift card. Holiday gifts of cash are one way that parents can teach children that they should save part of the money they receive and also donate a portion to the less fortunate. Parents who want to teach their children to save and to make donations should reconsider the message of gift cards. Consider stuffing the stocking or envelope with old fashioned cash or checks and following up with a lesson on thrift and charity. If kids don't learn this at home, where will they learn?
 

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