Kim Kardashian Launches Kids Credit Card

Reality TV star Kim Kardashian has her sights set on the world of finance – she’s launching her own credit card in a bid to teach teens how to spend sensibly.

The wealthy socialite has lent her name to the Kardashian Prepaid MasterCard, which will let parents give their kids a small amount of credit so they can keep an eye on their finances.  A representative for Mobile Resource, which is launching card, says,

“Teens do not spend their money as their parents think they do. And, drugs are a huge problem in this country. I give my son a small amount of cash and track his spending on his card.”

Kardashian will launch the card at a party at Pacha nightspot in New York on Tuesday night (09Nov10).

What do you think, good idea, bad idea?

Photos by Fame pictures

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