Monopoly
November 17th, 2007 by Natural
Monopoly teamed up with Visa and decided that instead of using “cash”, it would issue Visa debit cards instead. Brilliant right? Wrong! Here’s why I don’t like it. We live in a cashless society and when we use a debit or credit card, the fact that we just spent money doesn’t register in our brain. We continue to spend without any emotional attachment, desensitizing ourselves to the value of money and overspending. They know the earlier a child learns a behavior, the more likely it becomes a habit. They call it keeping up with the times, I call it Monopoly.
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I’m with you………
Teaching a child to use a credit card is no better than handing him a gun IMO. Thanks for sharing.
I have to say I’m with Monopoly on this one - the sooner people lean how to deal with credit the better. Also, will cash always be around? I’ve already heard of a UK school where kids will be/are paying for school meals using a thumbprint recognition system - another form of cashless transaction.
My 2 cents
David from Web Mash
In my opinion knowing how to use credit well is an asset. Many people are plagued by credit card debts and have trouble managing their credit. If you teach your children the value of money, even in a cashless society they will be better prepared to manage their credit in the future. If we move to a society with out cold hard cash, everyone would have to learn how to manage their credit better, not just children. Personally, I wouldn’t buy the new cashless Monopoly as I am a fan of the original.
Peace!
That is such an excellent observation. The credit card companies are trying to create a positive association between the card and monopoly from young.