Justin Bieber urges teenagers to learn to budget in video
Justin Bieber arrives on the stage in front of adoring fans during his concert at EnergySolutions Arena in Salt Lake City on Jan. 5. Brian Nicholson, Deseret News Teenagers are urged to have a talk with your family about money by Justin Bieber in new advertisement videos for SpendSmart Payments Company. SpendSmart offers a prepaid debit card for teenagers, according to a recent Forbes article . Bieber has a 14-month contract to discuss financial literacy and encourage other teens to share their videos. SpendSmarts card has a MasterCard logo but alerts parents through text when purchases are made on it. Parents can choose to block specific purchases, such as those made on websites, or they can instantly lock the card if they see anything questionable. Though profitable for Bieber, who is making $3.75 million plus royalties on the campaign, this card may not be so profitable for parents and teens, according to an article by Fox News . Various fees are charged, as is customary with prepa...