Let’s face it, plastic is about the only way to go when making purchases these days. From renting cars to purchasing groceries, cash is quickly becoming as outdated as the high top fade. Even last hold out parking meters are finally embracing the concept. So, if for whatever reason, you find yourself without the now-obligatory financial passport, you need to secure a prepaid MasterCard. Here are five ways that the card will make your life easier.
1. Spending independence – For many of us, tough financial times roll in and out of our lives like the tide. It’s because of those rough patches that many have been hit with bad credit, which in turn leads to an inability to secure any type of credit. In a world that is becoming more dependent on plastic by the millisecond, everyone needs some type of credit card in order to be able to function. That’s where a prepaid card comes in handy. You can use it just like a regular card and breeze through life just like everyone else.
2. Money Management – Mom always said the best way to manage your money is to control the amount that you have access to at any given time. Well if that’s the case, then a prepaid card can provide all of that and more. By placing incremental amounts of money on the card, your ability to control expenditures increases.
3. Safety First – If you’re in the habit of carrying around large amounts of cash, then you are well aware of what happens if you lose that money. Yeah, it’s long gone. But unlike losing your cash, prepaid cards are protected against loss and unauthorized transactions. Just make a quick call and your card will be replaced … it’s as simple as that.
4. Life Lessons – Prepaid cards are an excellent tool to reinforce the practice of budgeting. For a young teen, or for an adult that’s attempting to relearn positive financial practices, the prepaid card provides a much-needed tool that gives a practical way to sharpen your newly discovered budgeting skills.
5. Security – Never been a fan of sharing your credit card numbers online? Well, a prepaid mastercard can effectively solve that problem. Since the card will only hold the value that you predetermine, the amount of possible damage that can be caused by a thief is decreased exponentially.
Now It’s Your Turn: Now that you’ve been given the reasons to give the prepaid MasterCard a try, the only thing that’s left is for you to do is make that step. Here’s a web link to get you started. –gerald radford and dewayne rogers
