Teaching Friend About a Prepaid Mastercard
When I swiped my prepaid mastercard at the grocery store, my best friend was confused. She knows that I have a very low credit score, so she wanted to know how I got this card. I explained that it was not like an ordinary credit card. Instead of “borrowing” money from the creditor, I actually load the card with my own cash. I can only spend what is available, and it helps me to manage the money that I have much better.
