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Stock impact report

Kids with debit cards? Maybe it's not such a bad idea after all [MSN Money]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: MSN Money
Kids with debit cards? Maybe it's not such a bad idea after all © Provided by CNBC LLC That's not to say that teaching kids the value of a dollar and how to save money over time isn't as worthwhile as ever. Yet you can forget counting coins the days, as most paymts are electronic and ev kids are joining the noncash majority To that d, a growing number of card offerings, including Grelight, gohry and Currt, are geared specifically toward childr and t. Each allows parts to load funds onto them and monitor their child's spding through an app, rather than using a prepaid card or linking a debit card directly to a checking account. Load Error Grelight's mission is to help raise financially savvy kids in a cashls world, said Tim Sheehan, the co-founder and chief executive. The company is backed by Amazon and several big banks, including Ally Financial and SunTrust. The money on the card can be divided into two categori: funds that can be spt anywhere and money that can only be spt in specif Show less Read more
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