Some people have difficulty controlling their spending. Paychecks are spent down to the penny, often on the same day as they are received. And the countless opportunities to spend, spend, spend brings out the worst in those who can’t control themselves.
Paying for items in cash is wonderful, but cash is easily lost, mishandled, or forgotten. Likewise, it is so easy to use one’s debit card or pull cash out of an ATM, using more money than should be used in the first place. Overdraft fees and ATM fees seem to pop up out of nowhere, causing unnecessary financial burdens. Paying with a credit card is worse, thanks to skyrocketing interest rates.
If paying for items with cash, debit, or credit cards come with unwanted consequences, is there another logical solution? Instead of using these items, consumers should consider carrying a prepaid debit card. These cards help consumers to take control of their spending. It is impossible to spend more money than you have, while interest charges and overdraft fees are a fear of the past. It provides a sense of security, since deposits are insured by the FDIC. Likewise, government checks, wages from work, or any other financial transaction can be direct deposited to the card. In short, a prepaid debit card is essentially a miniature bank, without traditional banking headaches.
Prepaid debit cards seem to grace the aisles of every retail establishment from coast to coast. Anyone could read the fine print of every single debt card and hosting financial institution, take careful notes, then spend hours comparing and contrasting the pros and cons of each. But who actually has that much time or patience?
Pink Prepaid Debit Card
Individuals who would like to take advantage of prepaid debit cards should consider the Pink Prepaid Debit Card, which is offered through ACE Cash Express. This card is designed to give consumers all of the traditional debit card benefits while also helping a worthy cause. Over the last four years, a portion of all transaction and sales fees have been donated to cancer research, and specifically, for breast cancer research. Last year alone, the Pink Prepaid Debit Card donated more than $350,000 to the worthy cause.
Customers who use the card love the fact that there are no commitments or incurred debt. They know that every time they use their cards, breast cancer research facilities receive financial support. The well-respected Visa logo is easily recognized and accepted worldwide. Each deposit is FDIC insured, protected from unauthorized activity, and available 24/7. Finally, Pink Prepaid customers can have their checks directly deposited to the card, without ever stepping foot into a bank or other financial institution. Add to these benefits the freedom from unexpected charges, overdrafts, or credit card debt, and the result is an amazing debit card which provides all of the financial services one could ever need, not to mention allowing the consumer to do their part in the fight against cancer!