Parents: The First Shopping Site for Kids Is Here-but Is It a Good Idea?

What parent out there hasn’t read some of these headlines and cringed?

“A Michigan mom says her kids used Alexa to buy $700 worth of toys on her credit card”

“Kendrick Perkins says his kids spent $16,000 on Fortnight using his credit card”

The combination of modern technology, the internet, and e-commerce has created a new challenge (and teachable moment) for parents everywhere: how do we best manage our kids’ access to online shopping opportunities while also instilling an understanding of money management and the very real consequences of making online purchases?

Read the full article here.