> I've had a checking account and debit card since I was 10 years old
I dare you to teach a 4 or 5 year old to use one!
Do you think they'd fare much better with budgeting physical cash?
I certainly didn’t. I remember getting cash as a young child, thinking with $20 I was “rich”, and rapidly blowing it on Sim City.
I only understood the value of money once I both had a bank account and a job that funded it.